Dolphin Living has appointed The Hill Group to deliver the redevelopment of the New Era Estate in Hackney, N1.
The appointment follows grant funding being secured through the mayor of London’s 2016-2023 Affordable Housing Programme to enable works to commence, with construction expected to start in 2026.
The plans will see Dolphin Living replace the existing 1930s private rented block with 208 homes and 4,000 sq ft of flexible retail space across buildings ranging from three -to-13 storeys.
Of the homes, 109 will be for sale and 99 will be available for intermediate rent at London Living Rent ward benchmarks and discounted LLR.
Dolphin Living acquired the estate in December and has since acquired nearby 333 Kingsland Road, where New Era residents will move to while construction is under way. Once complete, the residents will return to New Era.
Tom Copley, deputy mayor for housing said: “I’m pleased to see redevelopment progressing at New Era in Hackney, which the mayor’s Affordable Housing Programme is supporting to deliver the homes Londoners desperately need.”
Olivia Harris, chief executive of Dolphin Living, said: “New Era is a landmark estate in Hackney that needs significant redevelopment to provide high-quality housing for its current and future residents. We are pleased to appoint The Hill Group to deliver our vision for the scheme, as well as to receive the grant from the Greater London Authority, which not only endorses the development but also guarantees the future of the community that lives there.
“At Dolphin Living we build and manage homes which enable London’s workers to live in central location that they would not otherwise be able to afford. The current housing crisis has left many of the city’s critical workers struggling to afford to live within a reasonable commute of their workplace and not enough homes are being delivered to ease the pressure. Intermediate housing provides a practical solution which can be delivered quickly and with less government funding than social housing. An example of this in action, New Era will bring 99 much-needed intermediate rental homes to Hackney.”
Image © Allies & Morrison
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