Wednesday, 27 August 2014

East London regen project given green light

East London landlord Poplar Harca and house builder Willmott Dixon have teamed up on a £250 million regeneration scheme that will deliver more than 1,100 new homes.

The Aberfeldy estate in Tower Hamlets, situated two miles from the Olympic Stadium, will be developed over six phases, spanning 12 years.

The council has granted outline planning consent for the £40 million first phase of the project, which will involve the building of 342 new homes on a mixed-tenure basis.

Over all six phases there will be 266 homes available for affordable rent, 67 for shared ownership, with the remaining 843 homes to be private sale units.

Upon completion in 2024, the development is expected to bring 300 new jobs to the area.

Steve Stride, chief executive of Poplar Harca, said: ‘Tower Hamlets Council and London Thames Gateway Development Corporation have given the green light to a transformational regeneration programme that will enhance thousands of residents’ lives, and significantly improve the infrastructure and amenities of the Aberfeldy area,’

The project is the largest yet undertaken by Willmott Dixon’s development arm Regen.

‘The shows that RPs like Poplar Harca want to utilise our development know-how to make their vision for a new era of housing for hundreds of families a reality,’ said Andrew Telfer, chief executive of Regen.

‘Along with that, the imminent Olympics and the fantastic infrastructure around the games have really focused attention on the great housing opportunities in Poplar.’

Have your say

You must sign in to make a comment

sign in register

Newsletter Sign-up

More Newsletters

Related

Articles

  • All in his Stride

    20/06/2014

    Incoming Chartered Institute of Housing president Steve Stride has uncompromising views and big ambitions for what social landlords can achieve. Nick Duxbury joins the Poplar Harca chief executive on a tour of the borough to hear his plans

  • Top 50 affordable developments revealed

    04/04/2014

    For the second year running, Inside Housing’s panel of judges have applied their strict criteria to a huge number of competition entries to pin down the very best affordable housing schemes in the UK.

  • Top 50 affordable housing developments 2014

    4 April 2014

    For the second year running, Inside Housing’s panel of judges have applied their strict criteria to a huge number of competition entries to pin down the very best affordable housing schemes in the UK.

  • Sustainable Housing Awards 2013

    01//11/2013

    From the latest hybrid technology to tenant-run garden projects, this year’s Sustainable Housing Award winners demonstrate the very best in environmentally friendly approaches to building and maintaining homes and communities. Kate Youde reports

  • Real estate manager acquires PRS properties in £32.5m deal

    30 May 2014

    A global real estate manager has made its first investment in the UK private rented sector with a £32.5 million deal.

Resources

  • Trade secrets

    13/06/2014

    Can learning from other sectors help social landlords do their jobs better? Heather Spurr visits retail icon John Lewis with a number of landlords to find out

  • Connect found

    31/01/2014

    A mobile phone health and well-being ‘app’ is transforming the lives of Bristol residents. Alex Turner reports

  • Reaching crisis point

    02/05/2014

    Tenants on the verge of eviction are being helped to remain in their homes by a recently formed social enterprise that is saving their landlords significant sums in the process. Daniel Douglas finds out how

  • Changing lives

    18/10/2013

    The Andy Ludlow Awards celebrate the very best homelessness services in London. Simon Brandon reveals this year’s winners

  • A bright idea

    22/11/2013

    Why has a Sunderland-based social landlord set up a charity providing solar powered lamps to communities in Africa? Martin Hilditch finds out

IH Subscription