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Race for £1bn Wandsworth regeneration cut from five to three

The shortlist for a major £1bn housing-led regeneration scheme in Wandsworth has been reduced from five firms to three.

Five firms were shortlisted in March to become the joint venture development partner for the £1bn Winstanley and York Road estate regeneration project in the borough.

They were a Balfour Beatty Infrastructure and First Base joint venture, Lendlease, Berkeley, Taylor Wimpey, and a joint bid from C&C Properties and Pinnacle.

However, Construction News understands that shortlist has been cut to three, with only Balfour Beatty / First Base, Lendlease, and Taylor Wimpey still in the running.

The project will see the construction of 2,000 new homes on the site near Clapham Junction.

It will also involve the creation of new retail, leisure, community and office space.

A development partner was originally slated to be picked in late 2016, but this has been pushed back to early next year.

Wandsworth Council confirmed that both Berkeley and the C&C Properties / Pinnacle joint venture were no longer bidding for the project.

The Winstanley and York Road estate had been among the frontrunners to become one of London’s designated housing zones, but it ultimately missed out on becoming one of the 31 projects to benefit from a new £400m fund.

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