Mayor Of London signs off plans to build 3,000 new homes in Hackney

Plans to fully regenerate a housing estate in Hackney and build more than 3,000 new homes in the process received a seal of approval from the Mayor of London as part of the the Woodberry Down ‘Masterplan’.

Back in 2005, developer Berkeley Homes began to regenerate the Woodberry Down Estate in Hackney, comprising 1,980 properties that date back to the 1940s. To this date, the company has built 862 new homes, with a further 180 currently under construction, a news source could reveal.

The Mayor of London has now given the green light for the next seven phases of the Woodberry Down ‘Masterplan’. This gives Berkeley Homes full permission to demolish the estate’s remaining blocks and replace them with an additional 3,242 new homes and 10,921 square metres of non-residential floorspace.

In total, the Masterplan will deliver 4,284 homes. 2,214 of these properties will be affordable (60% affordable rent and 40% intermediate) a net gain of 776 properties. The remaining homes will be sold on the open market.

A range of new facilities will also be built including three new public parks, improvements to transport infrastructure, a community centre and library, a new Academy, an extended primary school, a new children’s centre and retail and commercial space.

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