Tuesday 07 Mar 2017 @ 13:43
Transport for London
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More new homes on the horizon

Plans have been announced for hundreds of new homes to be built on TfL land in northeast London.

The 1.8 acre site opposite Blackhorse Road station, which is currently used as a car park, could provide up to 350 homes with the aim of making half of them affordable.

Residents would have direct access to the Victoria line and London Overground.

It is the fourth site in the Capital where TfL is bringing forward development and the company is now looking for a partner for the project.

The site, in Forest Road, is surrounded by former industrial spaces which are currently being redeveloped for residential and retail use.

About 1,700 new homes are planned, along with commercial and leisure spaces and improved pedestrian access to the local area.

TfL is seeking bids and expects to announce the results later this year. Subject to permissions, the work could start in 2019 with homes ready in 2022.

Deputy Mayor for Housing and Residential Development, James Murray, said: 'The Mayor is committed to making sure TfL land is fast-tracked for development, helping to raise revenue and build new homes.'

TfL Commercial Development Director Graeme Craig, said: 'We are delighted to have the opportunity to transform this site with a joint venture partner into hundreds of new homes for Londoners and vital revenues to reinvest in transport.

'This site is uniquely located at the centre of what is quickly becoming a hub of new residential, leisure, retail and work spaces, expanding pedestrian connectivity and vibrant community activity in the area.'

 

Channel website: https://tfl.gov.uk/

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