Blackhorse Road regeneration
In August 2016, U+I, the mixed-use property regeneration specialist, exchanged contracts with landowner, Parkdale Investments, to bring forward a new mixed-use regeneration project for the Forest Works site on Blackhorse Road, North East London.
Less than 150 m from Blackhorse Road Station, Equipment Works sits within an area earmarked for significant regeneration. The site was identified as a hub within the London Borough of Waltham Forest’s Blackhorse Lane Area Action Plan and is located within the new Blackhorse Lane housing zone, which aims to deliver more than 2,500 new homes and 1,000 new jobs in the next ten years.
Councillor Clare Coghill, Cabinet Member for Economic Growth and High Streets described Blackhorse Lane as the area with “...the greatest potential for improvement of any part of the borough.”
As well as £200 million of private investment, the area is benefiting from support from the Mayor of London’s Outer London Fund for improvements to its high street and public amenity spaces. In January 2016 it was also announced that Blackhorse Road Station would receive £2.2 million investment from Transport for London for improvements to the station and surrounding area.
Speaking in 2016, Simon Hesketh, Director of Regeneration at U+I said, “We are focused on creating long-term social and economic change for the places in which we develop and we look forward to working with Waltham Forest council and the local community to progress our redevelopment plans for the site.”
In July 2017, U+I announced that it had secured resolution to grant planning consent for the regeneration of Equipment Works and that a temporary community project, Sideshow, would open at the end of 2017.
In January 2018, U+I announced that they had completed sale of Equipment Works to Hertfordshire-based Telford Homes, who purchased the site for £34 million.
Matthew Weiner, chief executive of U+I Group, said; "The sale of Blackhorse Road is another milestone for U+I as we continue towards our target of £65-70m of trading and development gains for this financial year, further demonstrating our ability to add value through the planning system and realise gains efficiently. Our plans will transform this overlooked site into a vibrant new mixed-use community that supports the wider ambitions of the London Borough of Waltham Forest, delivering homes, workspaces and community space for the local area."
--U and I
[edit] Find out more
[edit] Related articles on Designing Buildings Wiki
- Algarve House, Southwark.
- Articles by U and I.
- Circus Street, Brighton.
- Clapham One.
- Cockpit Yard.
- Friarsgate Shopping Centre, Lichfield.
- New Garden Square, Birmingham.
- Preston Barracks, Brighton.
- Spirit of Sittingbourne, Kent.
- The Deptford Project.
- The Movement, Greenwich.
- UandI Think event with John McDonnell MP.
- UandI Think event with Studio SWINE.
- Westminster Industrial Estate, Charlton.
Featured articles and news
A transformative shift in the design, construction and management of built assets.
Apprenticeship announcement by the Prime Minister
Welcomed but with call for more actionable detail.
Heat pump announcements, what homeowners need to know
An 'ultimate guide to heat pumps' from a heating company.
Construction contract awards reach 7.1bn in February
Their highest level in seven months.
The journey to sustainability in heritage
Research is the key to better understanding.
Heritage approaches to adaptation, mitigation and loss.
Bridging the gap between policy, finance and installation.
Development on brownfield land
Definition, background, policy and the latest consultation.
With the Design Framework for Building Services.
Retrofit of Buildings, a CIOB Technical Publication
Pertinent technical issues, measures and the roles involved.
ECA joins HSE campaign to support mental health
Working Minds’ five simple steps based on risk assessment.
Mental health in the construction industry
Mental health issues in brief with related articles.
Transitional arrangements, Building Control and the BSR.
For pre-October buildings with substantial progress by April.
Why quality counts in domestic ventilation systems
From products, to systems to the installation.
Empowering the Future with CIOB Academy
Lifelong learning, upscaling, and reskilling for the built environment.