Fri 15 July 2016, 11:31 am
A £100 million scheme will bring 300 homes to Lea Bridge Road in Leyton.
The housebuilder Hill announced on 1 July that it had received planning consent from Waltham Forest Council to build three residential towers set around a landscaped central courtyard, with 1,950sq m of ground floor commercial space for shops and offices, along with a gym.
It is the first large-scale project since the reopening of Lea Bridge Station. Of the 300 homes, 62 will be allocated as affordable.
“With the reopening of the station, there is real momentum to regenerate the area and this development is building on that while providing much needed new homes,” said Andy Hill, chief executive at Hill.
Opened in 1840, the Victorian station closed in 1985. It opened again in May 2016, with trains travelling to Stratford and Tottenham Hale in around five minutes.
New cycle routes around the development are due to be created through Transport for London’s Mini Holland scheme, which aims to increase bicycle travel across the borough.
Hill added that the housebuilder will work closely with the council on the scheme and that they saw the project as a catalyst for further growth and investment.
Work will start in autumn 2016 and is due to be completed in summer 2019. The first apartments will be put on the market in early 2018.
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