Northacre eyes more mixed-use schemes

Property Week

Northacre has said it will look to do more mixed-use schemes in the future as it brings its first-ever commercial space to market.

The developer, which is backed by SHUAA Capital, is best known for luxury residential property development but is making its commercial debut with the development of Orchard Place in Victoria, London.

The scheme comprises 116,000 sq ft of office space and 27,000 sq ft of retail space and forms part of Northacre’s wider development The Broadway, which also included 258 luxury flats. JLL and Colliers have been appointed to market the office element of Orchard Place, while Bruce Gillingham Pollard has been appointed to market the retail element.