Boris approves plans for 3,000-home Hackney regeneration
Published by Anonymous for 24dash.com in Housing and also in Development
Scottish housing figures 'a cause for concern'
Mayor of London Boris Johnson has given his approval for plans to regenerate a Hackney housing estate and build more than 3,000 new homes.
Parts of the Woodberry Down Estate, comprising 1,980 properties, date back to the 1940s and have been in need of improvement for many years.
Developer Berkeley Homes began to regenerate the estate in 2005 and has already built 862 new homes. A further 180 homes are currently under construction.
Johnson has now given the green light for the next seven phases of the Woodberry Down ‘Masterplan’. This gives Berkeley Homes full permission to demolish the estate’s remaining blocks and replace them with an additional 3,242 new homes and 10,921 square metres of non-residential floor space.
In total, the Masterplan will deliver 4,284 homes - 2,214 of which will be 'affordable' (60% 'affordable rent' and 40% intermediate) a net gain of 776 properties. The remaining homes will be sold on the open market.
Social landlord Genesis Housing Association will manage the scheme's 'affordable' homes.
Stewart Murray, assistant director of planning at the Mayor of London’s office, said: “This is one of the biggest estate renewal schemes in the capital and will provide a boost to Hackney by delivering much needed new homes and infrastructure.”