Plans to build new affordable homes in Old Southall took a step forward today as Ealing Council and housing association Peabody signed a contract to deliver a regeneration proposal.
‘The Green’ is set to deliver around 500 homes by 2024, with half of the new homes provided as affordable housing.
The scheme is said to help to meet local housing needs and support the Council’s commitment to deliver genuinely affordable homes across the borough.
Under the partnership, a further 5,000 sqm of commercial space will be created, hoping to bring 260 jobs within the community.
Ealing Council chose Peabody as its preferred development partner for ‘The Green’ following a “competitive” tender process in 2018.
This project is the latest partnership unveiled by Peabody, following the 11,500 home Thamesmead Waterfront project with Lendlease, and the acquisition of the former Holloway Prison site from the Ministry of Justice.
Peabody is said to be working with Hunters architects to progress its regeneration proposals for ‘The Green’ and plan to consult the local community on its draft plans in the summer of 2019 before submitting a planning application by the end of the year.
Dick Mortimer, Executive Director of Development & Sales at Peabody said: “This project is another example of Peabody’s commitment to long-term and sustainable regeneration.
“We are delighted to be working with both the council and the local community which will ensure the long-term success of this project.”
Tony Clements, Executive Director for Place added: “Ealing is committed to delivering 2,500 genuinely affordable homes by 2022 and working with housing associations that have a strong social conscience, like Peabody, is key to this.
“At Southall Green we will deliver at least 145 genuinely affordable homes together, as part of the plan to ensure people in Southall get access to decent homes and jobs.”
The regeneration is anticipated to start in 2021.