Notting Hill Housing has been announced as the preferred bidder by London Borough of Havering to form a joint venture that once concluded will deliver over 700 much needed new homes within its Rainham and Beam Park Housing Zone.
The mixed tenure development will provide affordable housing including homes for affordable rent, shared ownership, market sale and private rent.
The sites, along the A1306, are close to a proposed new rail station, school, nursery and medical centre, which would provide vital facilities to residents moving into the area.
Transport for London is also supporting the regeneration with a plan to reduce traffic and create a new parkway for existing and new residents and their families.
Kate Davies, chief executive of Notting Hill Housing, said: “The transformation of Rainham and Beam Park is a major strategic initiative for Havering Council and we are very pleased and excited to be working with them to help achieve their vision for the area.
“That we are also able to increase the amount of affordable housing provided in this new suburb is a boost for everyone involved in the project, as well as the extra families who will benefit from high quality housing within their budget.”
Andrew Blake-Herbert, Chief Executive of Havering Council, added: “We are in discussions with Notting Hill to form a joint venture that will play a vital part in our vision for the positive transformation of a large part of Rainham along the A1306. This area is one of the last locations in London where truly affordable houses can be built for local people looking to settle and raise their families, alongside apartments and starter homes.
“Our ambition, that I know Notting Hill Housing share, is to create quality homes alongside a series of green open spaces that will help integrate existing communities and the new developments, and provide easy access to the brand new Beam Park rail station.”
Picture credit: PCKO Architects