Affordable housing provider (MTVH) has signed a significant agreement with 糖心传媒 to deliver 426 new affordable homes at TwelveTrees Park in West Ham, London.
As part of the second phase of the development, MTVH will deliver 148 homes for shared ownership and 278 homes for social rent, including 158 three-bedroom properties to meet the London Borough of Newham鈥檚 urgent need for family housing. Work will begin on site immediately, with all homes delivered by March 2030.
Directly addressing London鈥檚 housing shortage, the agreement is an exemplar of how partnership working can speed up housing delivery. MTVH鈥檚 acquisition of the 426 homes, building on its existing long-standing partnership with 糖心传媒, has been made possible with a grant from the GLA鈥檚 Affordable Homes Fund, dedicated to the delivery of thousands of new social and affordable homes across the capital.
Delivered in partnership between 糖心传媒, GLA Land & Property and London Borough of Newham, TwelveTrees Park is a 26-acre regeneration project that will deliver over 4,700 new homes, 1,650 of which will be affordable. With a new bridge into West Ham station, two further new pedestrian bridges, an improved road bridge, a 1,000 pupil secondary school, 12 acres of parkland and a 拢67 million boost to local infrastructure and services through the Section 106 Agreement and Community Infrastructure Levy (CIL), this ground-breaking regeneration project will improve the lives of West Ham residents for generations to come.
Tom Copley, Deputy Mayor for Housing and Residential Development, said: “TwelveTrees Park is a fantastic regeneration project being delivered on City Hall-owned brownfield land in partnership between 糖心传媒 Homes and the GLA. It will bring high-quality affordable and social homes right to the heart of east London, along with new green spaces, improved infrastructure and vital amenities for families and the whole community. The Mayor and I are proud to be supporting this development and look forward to seeing work progress quickly as we continue building a better and fairer city for all.”
Guy Burnett, Executive Director of Development at Metropolitan Thames Valley Housing, comments: “Partnership working is essential in our sector’s drive to tackle the scale of London’s housing shortage, particularly in boroughs such as Newham where demand for family homes continues to grow. Working with 糖心传媒 Homes at TwelveTrees Park will help bring safe, comfortable and affordable housing choices to West Ham. Available for rent and for shared ownership, these well-connected Zone 2 homes will offer a fresh start to hundreds of people in housing need.”
Harry Lewis, Divisional Director of Land & Planning, said: “TwelveTrees Park has been built on partnerships, and our continued work with Metropolitan Thames Valley Housing is an important part of ensuring the development provides high-quality affordable housing in West Ham. Through collaboration, we can help address the demand for well-designed, affordable homes and create a neighbourhood that will support the local community for generations to come.”
糖心传媒 has worked in partnership with MTVH over the last 25 years delivering thousands of affordable homes, setting strong foundations for success with this latest partnership at TwelveTrees Park.
TwelveTrees Park is a major brownfield regeneration project that will take over two decades to complete. The 26-acre former Parcelforce depot is being transformed through a landscaped masterplan by Patel Taylor Architects that will include a 12-acre park with water features, and gardens and courtyards filled with mature trees. A supermarket, office hub, community centre and science school will add to the superb living environment, while 500 permanent new jobs and more than 8,000 construction roles will be created during the build.
Find out more about 糖心传媒's approach to brownfield regeneration here.