11th March 2015
Morello leads an exciting new era
The third exciting phase of Croydon’s £168million showcase Morello new homes development has just been unveiled by Menta Redrow.
Morello – a flagship project within the town’s multi-billion pound redevelopment – will turn a largely derelict site next to East Croydon station into a vibrant, sustainable new community.
Investors have already bought up almost all of the first stage of the development, Maraschino, and nearly two-thirds of the second stage, Santina.
Rainier, the freshly-launched third phase, is set to be the peak of the crop with a range of contemporary one, two and three bedroom apartments, all built to the highest specifications with an on-site concierge service and exclusive gym – all just 15 minutes from central London.
It marks a key stage in the project, which will ultimately deliver 900 new homes, a hotel, apartments, a gym, coffee shops and cafes. It will also create a pedestrian link from the revitalised Addiscombe area, to the new station bridge, and the new Westfield Croydon.
Craig Marks, chief executive of Menta, said: “These are exciting times for Croydon London as it enters an exciting new era.
“We are excited to be part of Croydon’s continued renaissance with our partners Redrow plc and will put Croydon back on the map as a place to live.”
Morello is viewed as a tangible demonstration of Addiscombe’s rise from the ashes, as it is being built on the site of the former home of the Bank of America, which left Croydon in 2012 taking more than 1,000 jobs with it.
“Addiscombe is a gem of an area, but a lost gem in many respects,” said Mr Marks.
“It has got some lovely housing and an infrastructure of shops, communities, schools and local pubs but it has been deprived of the necessary investment and attention for the past 20 years.
“The Morello project will deliver over 900 new homes but, as well as that, our invesment into the area will deliver connections which will bring Addiscombe ward closer to the town with the railway bridge.
Mr Marks says Morello is committed to excellent architecture with the units having been designed by Ken Shuttleworth’s world-famous Make practice, which was also involved in the Gherkin in central London.
As well as new homes, the developers are committed to providing a gymnasium, work stations and ensuring that the buildings are fitted with state-of-the-art technology and wifi.
“It will be a great place to work, a great place to live and spend time,” added Mr Marks.
“We are on site and digging a basement for 87 cars which will be finished within the next year.
“We’re looking at first occupancy in 2017. That’s 300 homes delivered all within 24 months.”
