Mon, 10 Jul 06
The first step towards a fast-track project to deliver quality affordable homes in Greater London was taken in Shoreditch last week when English Partnerships joined Planning Minister Yvette Cooper in marking a start on site at Adelaide Wharf in Shoreditch.
Adelaide Wharf is a mixed use development including 147 homes, of which more than half will be affordable homes, including a significant proportion dedicated for Key Workers.
The scheme is part of the London-Wide Initiative (LWI) launched by English Partnerships as a pilot to fast-track more quality affordable homes in Greater London.
The pilot scheme, based on 15 English Partnerships owned sites, will deliver up to 4,000 homes over the next five years of which around 1,500 will be for sale at discounted prices or homes for sale for Key Workers and First Time Buyers.
Adelaide Wharf is the first of these schemes and is due to be completed in the summer of 2007.
Comprising 74 key worker and affordable homes, and 73 private homes, with no visible difference between tenures, Adelaide Wharf will be a high quality, extremely well thought out and sustainable development, 30% of which will be three and four bedroomed family homes split across all tenures.
The development will also include 700 sq m of affordable workspace that will be assigned to a community run regeneration agency.
The developer, First Base will utilise MMC (modern methods of construction) throughout and sustainable products in the manufacturing process to deliver a development that is high quality and good value for money. Adelaide Wharf is expected to achieve an EcoHomes Excellent and Lifetime Homes accreditation.
Back to: News Index