Willmott Dixon’s development arm Regen will now work with the club to realise its plan to move from its current Griffin Park ground to a modern stadium at nearby Lionel Road South.
The club will contribute its land at the site where Willmott Dixon will build the stadium, associated infrastructure and 910 homes.
Around a third of the homes will be available for private rent under Willmott Dixon’s private rental sector arm be:here.
When the new stadium is open The Bees will relocate from Griffin Park, where Willmott Dixon will develop 70 three and four bedroom family homes for private sale.
The Griffin Park development will include a memorial garden to commemorate the history of the football ground where the Club has played since 1904.
Now the agreement is signed, the next immediate step is for London Borough of Hounslow to issue the Compulsory Purchase Order to enable the Club to complete the land assembly.
Willmott Dixon will progress all the essential permissions and preparatory work to ensure a start on site later next year.
Cliff Crown, the Chairman of Brentford FC, said: “This agreement confirms the deliverability of our scheme and we now have in place a sound commercial model and a sensitive design approach which will create an exciting stadium for our supporters, opportunities for new jobs and local businesses and an attractive environment for visitors and local residents.
“It’s a great Christmas present for all Bees fans, 125 years after the Bees were founded; we have an exciting future ahead of us.”
Andrew Telfer, Chief Executive at Willmott Dixon’s development company Regen said: “This deal highlights our ability to combine our homes for sale and private rent business models to cross-fund significant projects like stadia as well as deliver large volumes of residential accommodation for both tenures.
“In particular, our PRS homes will also help create a vibrant community of renters with good access to central London and to local employers, large and small, including global companies such as GSK and SKY on Brentford’s ‘Golden Mile’.
“The scale and approach of this development is similar to other large regeneration schemes we are undertaking in the South East where our Prime Place and be:here companies combine to create popular mixed-tenure communities. ”