A two-storey industrial scheme worth over £100 million will come to Colindale after Royal London Asset Management Property has been granted planning permission by Brent Council.
The scheme will deliver 235,000 sq ft of new industrial space arranged across two storeys, representing a 125% uplift in floorspace compared to the former single-storey warehouse.
Construction works are scheduled to commence in 2026, with practical completion anticipated in 2027.
Joseph Kane, senior development manager at Royal London Asset Management Property said: “The planning approval for our multi-level industrial project at Capitol Way marks a significant step forward.
“This development responds to the urgent need for well-designed urban logistics space while respecting the local context of Brent. By building upwards rather than outwards, we are addressing the practical challenges of land scarcity while creating spaces that genuinely work for modern businesses.”
“This scheme aligns with Royal London Asset Management’s strategic focus on delivering high-quality, sustainable assets that provide long-term value. We believe projects like this demonstrate how thoughtful industrial development can support both commercial objectives and broader community economic needs.”
The development is expected to generate up to 360 jobs on site, plus 160 during the construction phase.
All units will have loading and parking provision; offering occupiers the operational efficiency of a single-storey format combined with the scale of a two-storey building.
The scheme includes generous clear internal heights, uninterrupted regular floorplates, and the flexibility to accommodate up to four floors in total, including mezzanines at each level.
Units can be subdivided or combined to suit a range of industrial, logistics and light manufacturing uses. Ground floor units also benefit from a covered service yard.
The development is expected to generate up to 360 jobs on site, plus 160 during the construction phase.