Some frequently asked questions
What is the development called?
Wimbledon Grounds
What is the development?
Wimbledon Grounds, which secured planning approval in December 2017, will see some 604 new homes developed – 427 of which will be for private sale whilst 177 homes will be available through Shared Ownership. In addition to the new homes, there will be circa 18,000 sq. ft. of commercial space, including the redevelopment of the former Wimbledon Stadium.
Plans for the new 11,000-seat football stadium, designed by Wilson Owens Owens, will see AFC Wimbledon return to its original home ground after an absence of nearly 30 years.
Who is building it?
Galliard Construction will be constructing the residential and commercial space on behalf of Merton Catalyst LLP.
The scheme is adjacent on three sides to the new AFC Wimbledon Stadium. The construction of the stadium will be undertaken separately by the football club, with a financial contribution from Catalyst and Galliard via the Section 106 Agreement.
Who are Merton Catalyst LLP?
Merton Catalyst LLP is a joint venture company made up of subsidiaries of Catalyst Housing and Galliard Homes. Catalyst and Galliard have entered into a 50:50 joint venture agreement to develop the former Wimbledon Stadium.
When will it be delivered?
Demolition of the former stadium commenced in February 2018 and we anticipate that the project will finish by summer 2021.
How much will the private sale homes cost?
Prices start at £435,000 for a one bedroom, £542,500 for a two bedroom and £750,000 for a three bedroom. The sales suite is now open, located on the Plough Lane site.
How much of it will be affordable?
It is proposed that approximately 30% of the residential homes – equating to 177 properties – will be affordable and available under the Shared Ownership scheme. This surpasses the 10% statutory amount set by Merton Council.
What is Shared Ownership?
Shared Ownership makes home-buying more affordable, allowing aspiring homeowners to purchase a share of between 25 and 75% of a property. This would then permit the buyer to pay a below-market rate on rent for the remaining share that they do not own. After the first 12 months buyers then have the option of increasing shares in multiples of 10% (known as “staircasing”) all the way up to 100% – at which point the buyer would fully own the property.
When will the first properties be finished?
The first properties are scheduled to be completed in 2021.
Who should I contact if I have a question about the project?
If you require further information on the stadium site or need to discuss the ongoing works, then please contact our Public Liaison Officer:
Hailey Alger
Direct Phone number: 020 8418 3620
Email: public.liaison@galliardhomes.com