More than 2,000 new homes will be built as part of a £1 billion regeneration scheme in East London spanning 15 years.
Populo Living, Newham Council’s wholly owned housing company, has been given the green light to progress the Carpenters Estate redevelopment in Stratford, Newham.
The masterplan allows for more than 10,000 sqm of commercial space for new cafes, restaurants, shops, and workshop spaces, alongside 2,022 homes (of which half will be “genuinely affordable”) and a community and sports centre.
More than 300 existing homes on the estate will also be retrofitted, and local networks will be improved.
Project team
Tibbalds (Planning and Urban Design) led the project team and was planning consultant for the Tibbalds-CampbellReith joint venture.
Metropolitan Workshop and Proctor & Matthews Architects worked together on the masterplan.
LDA Design was the landscape architect. make:good led on local engagement.
Timeline
- Spring 2024: enabling works for James Riley Point to start
- Summer 2024: construction to start on Meanwhile developments
- 2026: construction to start on Phase Two at Lund Quarter
“In Newham like the rest of the country there is a dire need for somewhere safe, affordable, warm, and low carbon place to call home,” said Populo Living CEO, Deborah Heenan.
“In order to get that in a very constrained economy, Newham took the bold step to deliver its own regeneration directly using its own developer, Populo.
“This means that we can deliver half the homes at genuinely affordable rent for those on very low incomes and manage the rest for residents on middle incomes, all coming together to a thriving refreshed community for Londoners of all ages and stages of life.
“Most importantly, keeping the estate firmly in Newham’s ownership means that we can deliver at pace and deliver the best for our residents, who are in effect our shareholders in over £1 billion of investment.”
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