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The UK’s largest housing association has had its £1.2bn estate regeneration plans approved by a London council.
Clarion Housing Group received the green light from Merton Council’s planning committee on Thursday for the regeneration of three estates in the south west London borough.
The plans will involve building 2,800 new homes on the sites of Eastfields and Ravensbury in Mitcham and High Path in Wimbledon, along with 9,000 sq m of retail, leisure, office, work and community space.
The statement from Clarion, which owns 125,000 homes nationwide, did not say how many homes will be demolished as a result of the plans or the tenure of the new homes it will build.
More than 200 of the new homes are earmarked for existing resident homeowners, in an innovative offer allowing them a new home at no additional cost on a full freehold or leasehold basis. A further 1,800 homes will be built to rent and buy, boosting Merton’s supply of high-quality new housing.
All of Clarion’s existing residents will be rehoused in homes of an appropriate size, dealing with existing overcrowding, the association said.
Its statement included no commitment for private tenants on the estates.
Bob Beaumont, director of regeneration at Clarion, said: “Last night’s decision is a clear demonstration of estate regeneration’s ability to deliver positive change and a testament to our close working with residents and the council.
“The benefits this regeneration will bring are far reaching and possible due to Clarion’s extensive capacity and expertise.”
Martin Whelton, cabinet member for regeneration, environment and housing at Merton Council, said: “The £1.2bn regeneration of High Path, Ravensbury and Eastfields will provide huge benefits to the residents there and to the wider community in Merton by bringing much-needed new housing to these areas, improving the local environment and creating jobs. I am pleased to see that Clarion’s proposals have all been designed in consultation with existing residents.”