Next phase of Woodberry Down mixed-use project will deliver 250 homes in north-east London
The Homes and Communities Agency has announced nearly £27m of funding for one of the capital’s most high-profile regeneration projects.
Woodberry Down, in Hackney, will see 187 new homes for social rent and 60 for shared ownership built with work set to begin in March 2010. The new homes are expected to be completed by 2012/13. The homes will be built across two sites, Woodberry Grove North, and the other on Green Lanes. The sites are part of phase one of Woodberry Down’s regeneration programme.
The regeneration of Woodberry Down will deliver over 4,500 new homes of mixed tenure and a range of facilities including a community centre, health centre, business centre, shops, an academy and extended primary school. Planning permission for the masterplan was granted in July, 2009.
Karen Alcock, deputy mayor of Hackney, said: “This £27 million unlocks the next phase in Woodberry Down renewal. It is providing high quality affordable homes as well as key community facilities."
Berkeley Homes has been selected as developer for the development.
Genesis Housing Group has been confirmed as the registered social landlord. Genesis will own and manage the new affordable homes on Woodberry Down once they are built.