Subject to formalising contracts, One Housing has gone with Countryside to get a major central London development done.
Countryside is confirmed today (16th July) as the preferred partner on the coveted Camden Goods Yard regeneration project – a 50:50 joint venture partnership with One Housing.
Under the deal, Countryside will jointly plan, design, fund, and deliver a comprehensive regeneration of Gilbeys Yard and Juniper Crescent estates in Camden (subject to a positive resident ballot) with One Housing over an eight-year period.
Currently, 202 homes are provided, but the project will look to deliver around 650-700 units including new homes for the present residents.
“Following a rigorous procurement process, we are looking forward to working with Countryside, our residents and the London Borough of Camden to deliver this project,” said Mike Johnson, group director of development, One Housing.
“Countryside share our commitment to providing high-quality new homes. We were also impressed by their approach to resident engagement and their ability to demonstrate that they could deliver on added social value and community benefits.”
Extensive resident engagement is an integral part of the regeneration project, with the resident steering group part of the procurement team to select the joint venture partner – on the offer of continued involvement.
At the end of last year, following a comprehensive options appraisal process, the preferred option was in favour of redevelopment.
The options appraisal was recently highly commended for Resident and Stakeholder Engagement in Planning at this year’s Planning Awards.
Residents will continue to be consulted and will be provided with a landlord offer prior to a ballot in March next year to decide on the future of their estates.
“We are thrilled to be partnering with One Housing on this landmark mixed-use regeneration scheme in the heart of Camden,” said Andy Fancy, managing director, Partnerships South (North and South), Countryside.
“We are looking to deliver more than three times as many high-quality homes, including affordable homes, as well as ensuring that local residents benefit from attractive public open spaces and crucial local amenities – all vital in creating sustainable communities.”
Monika Petrasova, on behalf of the Residents Steering Group, said: “We have been pleasantly surprised by the level of involvement in the regeneration project from the start. We were part of the moderation meeting, which has never happened before, and we also marked all the tender submissions.”
Spyros Katsaros, director at PRP, the architects and master planners for the full redevelopment proposals, spoke of being “inspired by the residents’ passion and dedication” to define their aspirations for their neighbourhood.
“It is a scheme which is truly community-led and will continue to be shaped by residents.
What could result is a vibrant and sustainable community, which not only is a considered and sensitive but also makes the most of its opportunities and those of the wider aspirations for Camden,” he said.
Chris Wheaton, director, Quod, the planning consultants for the project, said: “It has been a pleasure to work with One Housing and the Resident Steering Group on the Options Appraisal and to select a developer partner.
“This is an important milestone and a further step towards the delivery of new homes.
“We now look forward to working with all parties to create detailed proposals and present these to residents for approval via a ballot.”