Countryside Properties, working in partnership with Newham Council and affordable housing provider Affinity Sutton, is set to go ahead with the award winning Fife Road (Area 3) development which is part of the £3.7 billion Canning Town and Custom House regeneration programme.
The start comes with the award of a contract to Countryside Properties and Affinity Sutton by the London Borough of Newham to progress with the initial delivery of 139 homes, of which more than 30 per cent will be affordable, as part of the first phase of the development. A total of 649 homes, for private sale and affordable rent, and a new school will be delivered once the entire development is complete.
The development has secured £4.22m funding from the Homes and Communities Agency and London Borough of Newham will provide funding to facilitate the building of the new Keir Hardie School.
The majority of the homes are designed to ‘lifetime homes’ standard, 10 per cent are suitable for disabled people, and a mixture of affordable homes are ‘pepper potted’ throughout the development to provide genuinely mixed communities and socially sustainable regeneration of the area. Contributing to this is a broad range of different home types ranging from one and two bedroom apartments up to three and four bedroom maisonettes and houses for larger families.
Pre-enabling works will begin on site shortly with the main works beginning in June 2011. The first phase will be completed in 2013.
Sue Cooper, Head of Housing for Affinity Sutton, said: “It is fantastic news that work is set to start on Canning Town. As a business for social purpose we are committed to building well-designed new affordable homes and creating places for communities to thrive and are delighted to be working in Newham at this exciting time.”
Newham Council’s executive member for regeneration and strategic planning, Cllr Conor McAuley, has been the lead member involved in seeing this project come to life. Cllr McAuley said: “The regeneration of this area is Newham Council’s highest priority. We have been working very hard to secure the future of the scheme so I’m delighted that our plans to radically transform the area for residents and businesses are coming to fruition.”
Richard Cherry, Deputy Chairman of Countryside Properties said: “It is very satisfying to have the green light to go ahead with the keenly anticipated regeneration of Canning Town. Canning Town and Custom House badly needs new housing and working with our partners and the local community we can now start to deliver. This regeneration will bring significant benefits for the area, creating high quality homes and local employment opportunities.”