The contract aims to regenerate the 3.17 hectare Fulham Wharf site with housing and commercial developments.
The site, purchased by Sainsbury’s in 2009, currently houses a Sainsbury’s store and car park and a large, derelict wharf building.
Barratt London, in partnership with L&Q, will deliver a new Sainsbury’s store on the site, along with 463 residential units, as well as a number of retail units and a renovation of the currently unused jetty, which will become an ecological area for wildlife.
The 50/50 joint venture has previously delivered the Ashburton regeneration project, next to the Arsenal Stadium in North London, as well as the Alie Street project in the East.
The regeneration programme aims to turn the warehouse into space for new shops and homes, with restaurants and cafes boasting extensive landscaping and outdoor seating.
Planning permission for the project was granted by the London Borough of Hammersmith and Fulham earlier this year, and the supermarket giant has since been in discussions with development partners to renovate the area.
Sainsbury’s property director Neil Sachdev said he was “thrilled” to be teaming up with Barratt London on the project.
“We always aim to play an important role in the local community and are looking forward to opening up this part of the Thames for the benefit of both our customers and heighbours.”
“This will provide a new shopping and living experience unique to this part of London.”