The Marylebone Cricket Club (MCC) recently shortlisted three property developers out of five to build the 300,000 sq ft residential scheme at Wellington Road, on the eastern side of the cricket ground, in St. John’s Wood.
Peter Vernon, Chief Executive of Grosvenor UK, was one of the developers whose company did not feature in the final list. He confirmed that his company has not been shortlisted. However, he said that the company’s strategy continues “to include the expansion of our high-end residential development portfolio, both on and off our London estate, solo or in joint venture.”
Londonewcastle was the other company not included in the final list of three. The director of the company, Robert Soning expressed his disappointment, saying, “Obviously it was a project we would have liked to have been involved in, as we have experience of delivering in that area and the size [of the project] certainly didn’t scare us, in fact if anything it is where we want to be going at the moment in our next phase.”
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