Lawyers from Burges Salmon’s Development and Regeneration team - part of the firm’s Built Environment sector - have advised YOO Development Limited (YOO) on a joint venture with Atenor and Ascendal Group Limited, for the regeneration of a 1.5 acre site in Westbourne Park, West London.
YOO Development is the YOO Group’s branded development management platform. YOO Development creates and manages thematic investment platforms focused around the YOO brand.
The joint venture between YOO, Atenor and Ascendal Group will unlock the redevelopment of the Westbourne Park Bus Garage site near London’s Notting Hill.
All three partners have a demonstrable track-record in delivering high quality sustainable urban developments that complement and enhance the local area.
The development is expected to provide a highly sustainable residential-led mixed-use community that will benefit from a unique canal and park-side location, as well as superb transport connections.
Corporate and M&A senior associate Douglas Streatfeild-James advised YOO and comments: “This joint venture between YOO, Atenor and Ascendal offers a fantastic opportunity to unlock the development of a high quality, sustainable regeneration project in this part of West London and we are very pleased to have played our part in this exciting project.”