L&Q completes £52 million Canning Town housing regeneration project
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London & Quadrant has announced the completion of a major
£52 million large-scale housing regeneration project in
Canning Town.
L&Q worked with Higgins Construction to build a total of 217
apartments and 39 houses spread across seven separate sites in the
Canning Town and Custom House area.
The scheme represents a major element of the London Borough of
Newham's regeneration of Canning Town and Custom House.
The sites were all previously owned by Newham Council and many of
the new properties have been allocated to local residents decanting
from other sites in the Canning Town area where further
regeneration is planned.
In addition, eight properties have also been adapted for occupation
by wheelchair users.
L&Q has worked closely with Newham Council on the design of the
various schemes and three separate firms of architects were
involved (BPTW, Jestico & Whiles & Sergison
Bates).
Simon Baxter, Senior Land and Development Manager at L&Q, said:
“L&Q has been working with Newham Council and local
residents on this project since it was originally tendered in 2000
and we are very proud of the final results.
“Not only have we created some visually striking blocks of
flats here, we have also built a high number of well-designed large
family houses. Feedback from residents who have already moved in
has been very positive and this scheme is a shining example of
L&Q continuing its mission of creating places where people want
to live.”
The total scheme cost is £52 million. Funding for the scheme
included a £21.5 million Social Housing Grant from the Homes
and Communities Agency (HCA), a £4.3 million investment from
L&Q and a mix of private investment.
Jonathan Martin, Head of Area for East London at the HCA, said:
“This development will deliver high quality affordable
housing and contribute to the wider regeneration of Canning Town, a
priority area for Newham.
"The HCA’s funding has enabled the provision of an extensive
range of housing options to give local people the widest possible
choice.”
Newham Mayor Sir Robin Wales said “Canning Town and Custom
House is firmly on the road to regeneration and renewal. This mixed
communities initiative, offering a range of good quality,
affordable housing is a sign of the great benefits of the area for
families now and for generations to come."
Tenure mix breakdown:
• 42% for social rent (107 units)
• 26% for shared ownership (68 units)
• 9% for intermediate rent (23 units)
• 11% for the new L&Q rent-to-purchase product –
UpToYou (28 units) – one of the first developments to offer
this product
• 12% (30 units) have been built for outright sale
The developments include a high number of large family homes:
• 29 x 4 bed houses
• 4 x 3 bed houses
• 5 x 5 bed houses
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