Resolution to grant planning secured for Equipment Works, a £130 million mixed-use regeneration project at the heart of the council’s wider masterplan.
U+I today announces that it has secured resolution to grant planning consent for the regeneration of Equipment Works, a £130 million mixed-use project that will deliver new homes and workspace for small businesses. Equipment Works lies at the heart of the Blackhorse Lane Area Action Plan which aims to deliver significant benefits to the local area - over 2,500 new homes and 1,000 new jobs in the next ten years.
In partnership with the landowners, Parkdale Investments Ltd, Equipment Works will deliver a residential-led mixed-use development including 337 new homes, 24% of which are affordable, and 1,750sqm/ 18,830 sq ft of commercial floorspace within a landscaped environment, less than 150 metres from Blackhorse Road station.
The commercial space within the development is predominantly targeted at the start up and small business community in the local area which currently lacks access to high quality space. Smaller workspaces and co-working spaces, perfectly suited to growing businesses, will sit alongside beautifully designed apartments and homes, breathing new life into a formerly industrial site. The proposed new commercial units will house a number of small businesses and provide an active and vibrant destination for a mix of workshops, retail uses and cafés.
The landscaping proposals for the site encourage open access with a public square and dedicated pedestrian access through the development. Landscape architects, Farrer Huxley Associates, have ensured the planting will increase biodiversity and create a rich, textured and diverse landscape, for residents and visitors to experience.
Equipment Works was once home to Associated Equipment Company Factory in 1908 and motorised London buses were manufactured on site until 1927, with these prototypes inspiring the design of the Routemaster bus. The scheme has been designed by DLA Architects to reflect some of the original architectural features of the site.
Simon Hesketh, Director of Regeneration, at U + I, said:
“We are delighted to have secured resolution to grant planning consent for the regeneration of Equipment Works at Blackhorse Road. This £130 million mixed-use project will deliver 337 new homes, 24% of which are affordable, commercial floorspace within a landscaped environment, less than 150 metres from Blackhorse Road station.
There is already substantial investment in the Blackhorse Road area and this resolution will unlock the potential of the Equipment Works site providing the missing link between neighbouring proposals. The scheme will form the heart of a new community, acknowledging the distinct history of the site and bringing fresh vitality to the area, building on its industrial heritage. We believe this will encourage residents and businesses to look at Waltham Forest with fresh eyes.”
A representative of Parkdale Investments said:
“We are delighted to be progressing a scheme that reflects the history and heritage of the site whilst providing much needed housing for local people.”
U+I will open up part of the site to the local community from mid-August until the end of the year, with the launch of a temporary community project, Sideshow, run in partnership with Blackhorse Workshops. This new installation will celebrate the maker culture of London through a series of family-friendly exhibitions, workshops and events. The site will also have a new café which will increase access and provide welcome amenity space for the local community. The vision for this space is for it to become a focal point in the social life of Blackhorse Road during its period of operation, providing regular creative workshops for kids and adults alongside a mix of evening and weekend events.
Grant Mills Wood advise Parkdale Investments on this project
Further details of the proposals are available online at www.equipmentworks.co.uk
For further information:
Olivia Blunt, Teneo Blue Rubicon
Notes to Editor
The site sits within an area that has already been earmarked for significant wider regeneration. It has been identified as a hub within the London Borough of Waltham Forest’s Blackhorse Lane Area Action Plan and is located within the new Blackhorse Lane housing zone, which is aiming to deliver over 2,500 new homes and 1,000 new jobs in the next ten years.
As well as £200 million of private investment, Blackhorse Lane is also benefiting from support from the Mayor of London’s Outer London Fund for improvements to its high street and public amenity spaces. In January 2016 it was also announced that Blackhorse Road Station would receive £2.2 million investment from TfL for improvements to the station and surrounding area.
Current on site tenants are expected to vacate the site at the end of February 2018.