Thirty-four properties in Hackney will be made available for working Londoners on low and middle incomes following an agreement between The Benyon Estate, developers Thornsett and affordable homes provider Dolphin Living.
The announcement follows the recent issuing of planning permission by the London Borough of Hackney, following endorsement by the Mayor of London, Sadiq Khan, to re-develop the former fire station at 333 Kingsland Road to provide a mixed-use development. The site was previously owned by the London Fire and Emergency Planning Authority (LFEPA) who decided to sell the site as surplus to operational requirements.
The planning approval gave The Benyon Estate and Thornsett permission to build a home for the Hackney New Primary School, suitable for 350 local pupils, alongside 68 flats and a retail unit. In addition, the permission included a contribution of £1.5 million to Hackney’s Housing Supply Programme to support the delivery of new affordable housing in the borough.
Now the 68 flats have been bought by Dolphin Living, part of the Dolphin Square Charitable Foundation, who will make half of them available as intermediate rental homes.
Edward Benyon, Estate Manager, said: “This agreement will provide high-quality new homes to working Londoners, and comes on top of the £1.5 million which will help Hackney provide further affordable housing for local people.
“The Benyon Estate’s links with Hackney date back to 1640 and we continue to work to support the community in many ways. This project will provide homes for local people and much-needed new premises to help the Hackney New Primary School educate the next generation.”
Olivia Harris, Chief Executive of Dolphin Living said: “I am pleased to confirm Dolphin Living’s acquisition of the proposed 68 new homes as part of the re-development of the former Kingsland fire station to provide more homes within Hackney for working Londoners. Our commitment and charitable objectives are to provide affordable rental homes to working Londoners who are becoming increasingly squeezed in a city where house prices and rents are becoming unattainable.”
It is estimated that work on the flats will be completed by July 2019, with work on the school due to be completed by the summer of 2019, in time for the school’s summer term.