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The GLA has completed its site preparation works and has now handed over the Webbs Industrial Estate site to collaborators Swan Housing Group and Catalyst who will, together, regenerate the former industrial site in Waltham Forest to include circa 330 homes, all of which will be affordable. The site, now known as Blackhorse Yard, will also become a creative hub providing more than 3,000 square metres of new affordable workspace and artist studios for London's new Borough of Culture.
Blackhorse Yard will also deliver retail space in the heart of the Blackhorse Road area and a green link which will provide easy access to Blackhorse Road station.
In 2016, the Mayor instructed the GLA to buy the former Webbs Industrial Estate - a plot of land which had stood derelict for seven years - with the intention of finding a development partner to build more new and genuinely affordable homes for Londoners. After a record 13 bids, Catalyst were selected as the preferred bidder and subsequently agreed to collaborate on this exciting regeneration with Swan. C.F Møller Architects will design the new scheme.
Swan's Executive Director of Regeneration and Development, Geoff Pearce commented:
"We are delighted to have been given the opportunity to regenerate the Blackhorse Yard site and to be working with Catalyst and the GLA to bring about this transformative scheme which will not only deliver circa 330 affordable homes to meet housing need but also will make a contribution to Waltham Forest's Borough of Culture activities ".
Catalyst's Executive Director of Property and Growth, Tom Titherington said:
"The Blackhorse Yard development is an excellent example of collaboration, with Catalyst, Swan Housing Group and the GLA working together to deliver genuine affordable homes for Londoners. The new scheme will be a genuine destination for Waltham Forest, providing affordable workspace and artists' studios for the area's creative industry."