Countryside, one of the leading home builders specialising in placemaking and urban regeneration, announces the development agreement with Hackney Council to deliver 132 new homes at the former Tower Court estate in Stamford Hill.
Situated adjacent to Clapton Common, Tower Court will comprise 80 homes for outright sale, 33 homes for social rent and 19 homes for shared ownership. With a gross development value of £82m, the regeneration scheme will also offer a total of 3,115 sq m of communal and accessible open space, and a new 361 sq m depot for the Hatzola ambulance service – the local Jewish-led fast response volunteer service. In addition, a significant amount of public art will be commissioned and installed during the course of the scheme.
The previous residents at Tower Court will have a right to return to the new homes, with the remaining social rent homes allocated to those on the Council’s housing waiting list. The shared ownership homes will offer a more affordable route into home ownership for those struggling to get on the housing ladder, with priority for people living and working in Hackney.
Andy Fancy, Managing Director for North & South London at Countryside Partnerships South, said:
“Being selected for this project reflects our reputation for delivering high standards of accommodation that can be called home by all communities. We look forward to working with Hackney Council to deliver a desirable neighbourhood in the heart of London, which encourages a sense of community and shared identity.
“Our urban development experience will be vital to creating a development that improves the lives of local residents yet remains sensitive to the site’s historic surroundings.”
The Tower Court Estate is part of Hackney Council’s estate regeneration programme of 18 sites delivering in excess of 2,700 homes. Adam Khan Architects was appointed by the Council in September 2015 to design the new homes alongside Muf Architecture/Art, which is designing the landscape and public space.