Dolphin Living has bought 68 residential units at 333 Kingsland Road, E8, from Downham Road, a joint venture between Thornsett and the Benyon Estate.
The announcement follows planning permission being granted by the London Borough of Hackney to re-develop the Kingsland Fire Station as a mixed-use development.
The site was previously owned by the London Fire and Emergency Planning Authority.
Half of the 68 homes will be held as intermediate rental homes for working Londoners.
Olivia Harris, chief executive of Dolphin Living, said: “I am pleased to confirm Dolphin Living’s acquisition of the proposed 68 new homes as part of the re-development of the former Kingsland fire station to provide more homes within Hackney for working Londoners.”
Work by Jean Paul Construction on delivering the new homes and free school will commence this month, with an estimated completion date of summer 2019.
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