Avanton has bought 4-acre site in Richmond, TW9, from British Land that it will develop in a joint venture with ICG-Longbow.
The site has the potential to deliver a residential-led mixed-use scheme. It is the fourth site Avanton has bought in less than a year.
It was set up by Omer Weinberger, a former real estate banker, and Marc Pennick, a former senior land director at Barratt West London.
Its other schemes include the Ruby Triangle site on Old Kent Road, SE15, on which it is planning 1,100 homes, and 229 homes in