£1bn regeneration in Hackney to provide 4,500 homes


[from 24dash.com]

£1bn regeneration in Hackney to provide 4,500 homes

Publisher: Pam Caulfield
Published: 11/09/2007 – 16:48:52 PM

A major regeneration scheme in London which is set to transform one of Hackney’s most deprived areas has taken a step closer.

Woodberry Down’s Masterplan, which includes the construction of more than 4,500 new mixed tenure homes, was approved by Hackney’s Planning Sub Committee on Monday, September 10.

The Masterplan outlines the 20-year, £1 billion regeneration project as a whole, with subsequent detailed planning applications for specific areas to follow.

As well as an increase in the amount of affordable housing, the benefits to the area are set to include:

  • a new and expanded GP surgery
  • a children\’s centre
  • a range of improved open spaces overlooking the reservoirs an expanded primary school a new City Academy secondary school a new training facility to enable local people to access local jobs a youth club a community centre

The Masterplan has been prepared by Hackney Homes, the borough’s Arm’s Length Management Organisation (ALMO), and also in conjunction with resident consultation; the project’s Estate Development Committee; and Woodberry Down’s Area Action Plan, adopted in 2004.

Woodberry Down is also set to achieve a minimum EcoHomes rating of ‘Very Good’ across the whole development.

An EcoHomes rating is an independent environmental rating for new and existing properties, and looks at a number of categories including building materials; energy; pollution; transport, land use; and water.

Other environmentally-friendly measures include a storm water run-off management system, and the opportunity for combined heat and power units fed by renewable sources.

Cllr Jamie Carswell, Deputy Mayor of Hackney, said: “This is good news for one of London’s biggest regeneration schemes, and another positive sign for residents that it’s all taking shape”.

“Woodberry Down is about more than just bricks and mortar, it is about the communities that live there, and realising the benefits of this transformation for everyone.”

The government’s Department for Communities and Local Government has also recognised Woodberry Down as a Mixed Communities National Demonstration Project, as an example for future schemes to learn from.

£4 million has been set aside from the proposals to provide a support package for leaseholders who need financial assistance because of an equity gap in property prices between Woodberry Down and the rest of the borough.

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