Market Leads & Opportunities

Plans submitted for Clapton estate

Source: http://www.24dash.com/

Plans to build hundreds of new homes in Clapton have been submitted.Hackney Council plans to build 400 modern, high-quality homes to replace derelict land on Nightingale Estate as part of its regeneration programme.The proposals would see a two-hectare area of vacant land transformed into a mix of homes for social rent, shared ownership and private sale following years of detailed consultation with local residents.Marking the final stage of the regeneration of the estate, the £200m scheme would join more than 300 affordable homes already built by Southern Housing Trust – along with nearly 400 more refurbished council homes.Other highlights include improvements to public spaces across the estate, with new trees, lighting and playgrounds, as well as a new community centre, café and retail space.The project forms part of the council’s estate regeneration programme, which is one of the UK’s biggest and will see nearly 3,000 new homes on 18 estates – replacing old council homes that are uneconomical to repair. This unique self-funding programme will see at least half of the new homes built be for genuinely affordable social rent and for shared ownership – with some homes for outright sale to help pay for them in the absence of any government funding.