The partnership will see the London-based house builder work closely with the Council, and in consultation with Gospel Oak residents, to deliver new, high-quality affordable and private homes on the second phase of the former Bacton Estate site, with at least 61 social rent homes being built.
Through the new partnership, Mount Anvil and Camden will provide investment in the local area.
Councillor Danny Beales, Cabinet Member for New Homes, Jobs, and Community Investment said: "I'm pleased to announce our partnership with Mount Anvil to bring new investment and deliver much-needed new homes in Gospel Oak. As specialists in building in London, Mount Anvil has a strong track record of delivering high quality housing and working closely with local communities in our city.
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"We are committed to building more social homes in Camden, and the Mount Anvil proposals will enable us to do this. Developments like Bacton Phase Two will be crucial to addressing our housing waiting list and ensuring that people can continue to live in Camden, in healthy and energy-efficient homes.
"At a time when only 6 per cent of Camden's funding for building and refurbishing homes comes from central government, we need to look for innovative ways to continue building desperately needed housing in our communities. The Council has already delivered more than 1,500 homes in Camden to date, including 628 social rent homes, 153 specialist accommodation homes, 195 temporary accommodation homes and 131 intermediate rent homes."
Darragh Hurley, Chief Executive Officer of Mount Anvil said: "We're delighted that Camden Council have placed their trust in us to deliver much needed quality affordable housing for the Gospel Oak community. We believe public-private partnerships that care about the long-term outcomes for local communities are key to addressing the housing crisis in London. We’re looking forward to building trust, and working closely with the Gospel Oak community to deliver on our promises and shared vision."
