The London Borough of Camden has chosen Mount Anvil as a development partner to deliver the next phase of the Bacton Lowe Rise estate regeneration in Gospel Oak.
The London-based house builder will work closely with the council to deliver both affordable and private homes on the second phase of the former Bacton Estate site, with 294 new homers of which at least 61 will be social rent homes.
Starting this summer, Mount Anvil and the Council will begin working with Gospel Oak residents and former Bacton residents who have the option to return to the estate once redevelopment is completed on the new design proposals.
Rydon secured the phase one development back 2013.
Danny Beales, Cabinet Member for New Homes, Jobs, and Community Investment, said: “We are committed to building more social homes in Camden, and the Mount Anvil proposals will enable us to do this.
“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.”
