Outpost Management, in a strategic alliance with BlackRock Private Markets, has announced the acquisition of The Castle, a premier co-living development in North Acton, from Tide Construction. This venture, part of a joint investment initiative, underscores a significant commitment to reshaping the urban living landscape.

The Castle, designed by HTA architects, is poised to become a landmark residential project, featuring 462 co-living apartments within a towering 32-storey structure. Spanning 220,000 sq ft, this mixed-use development will boast 18,000 sq ft of communal amenities, including a spa, diverse lounge areas, private dining, co-working spaces, a library, a custom gym, cinema, and games rooms.

A notable highlight of The Castle is its expansive 2,000 sq ft landscaped roof terrace on the 32nd floor, offering sweeping views of London. Additionally, the project will reintroduce a public house into the community, occupying a 3,500 sq ft space previously home to the historic Castle pub, a fixture since the 1930s but vacant since 2020.

Troy Tomasik, Founder and CEO of Outpost Management, expressed enthusiasm for the acquisition, stating, “Acquiring this fantastic development not only continues our valued partnership with BlackRock but also aligns with our mission to lead the market with innovative living solutions. The Castle will offer new homes and rich amenities, fostering a vibrant community in Acton.”

The construction of The Castle employs the advanced offsite manufacturing capabilities of Tide’s Vision arm, demonstrating a commitment to efficient, sustainable building practices. This approach is anticipated to halve construction times, significantly reduce waste, and cut carbon emissions, setting a new standard in the construction industry.

John Fleming, Chairman of Tide and Vision, remarked on the importance of the deal, “The Castle’s development showcases the potential of volumetric construction to innovate within the co-living space, highlighting our productive partnership with Outpost Management and BlackRock.”

The Castle aims for the highest sustainability and connectivity standards, targeting WiredScore Platinum and BREEAM Excellent ratings. Residents will enjoy high-speed internet throughout the premises and the convenience of controlling their apartment’s environment through a dedicated app, alongside real-time energy usage data provided by Utopi multi sensors.

Scheduled to open in summer 2025, The Castle represents the third acquisition by Outpost Management and BlackRock Private Markets’ joint venture, which has pledged a total of £1bn towards the development of UK residential properties. Following the successful launch of Enclave: KX in London and the acquisition of Enclave: Birmingham, this latest project further cements the partnership’s position as a pioneer in the co-living sector, focusing on modern, convenient, and connected living solutions.