Transport for London has teamed up with Barratt London as part of its Property Partnership Framework.
The development, named Blackhorse Point, will be built on a 1.8 acre site and will deliver 350 new homes across six new buildings. The new homes will provide a mixture of studio, 1, 2 and 3 bedroom properties.
The development is situated opposite Blackhorse Road station, which is serviced by both the Victoria line and London Overground. The site will also make it easier for residents to cycle with 650 cycle parking spaces.
Designed by RMA Architects, the development is a key element of the wider masterplan of the Blackhorse Lane regeneration area, which falls under part of the Greater London Authority's Blackhorse Road and Northern Olympic Park Housing zone as well as the London Borough of Waltham Forest's Blackhorse Lane Area Action Plan. It will ensure that those living and working in the area continue to benefit from the changes taking place by improving public amenities - including new public pedestrian links, new trees and new children's play areas.
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Blackhorse Point will deliver 17,000 square feet of retail and commercial space, which will include opportunities for small and independent businesses. This includes a new co-working hub and creative workspaces, which will further support the Blackhorse Lane Creative Enterprise Zone. The construction of the site will create up to 300 jobs and local apprenticeships.
Graeme Craig, Director of Commercial Development at Transport for London, said: "Blackhorse Point is a really exciting development and we are thrilled to be taking it forward with Barratt London. It will have a huge, positive impact on Waltham Forest, supporting the regeneration already taking place. It will be providing the housing that the borough and London desperately need, while generating vital revenue to reinvest back into the transport network.
"The development will enable the local economy to continue to flourish with even better public amenities and new job and local apprenticeship opportunities. The additional retail and work spaces will provide a fantastic offering for those looking to start or expand their businesses in a brilliant location."
