Derelict warehouses and offices in Hornsey are set to make way for hundreds of affordable homes and a revitalised high street.
Largely unused land behind Hornsey High Street will be redeveloped into housing and a supermarket after initial proposals were approved last week (February 12) by Haringey Council’s Cabinet.
The deal between the council, St James Homes and Sainsbury’s will see land currently owned by the council and Sainsbury’s sold for development – regenerating a long-dilapidated site and delivering hundreds of new homes.
Almost half of all homes built at the site will be affordable, and any proposed development will offer both rental and low cost home ownership to help local families get on the housing ladder.
Cash generated from the sale of the land will be ploughed back into other regeneration projects across Haringey to boost economic growth.
Highlights of the development, subject to a planning application being submitted and approved, will include:
The land will be developed by St James Group Ltd. Subject to planning permission, St James Group are expected to be on site by April 2014.
Local residents will be fully consulted once more detailed plans are drawn up, and the developer will be required to carry out assessments of the impact on other businesses and traffic.
The site includes an old council vehicle depot, offices, the old Hornsey Coroners Court and former warehouses, which have long been unused.
Tags for Forum Posts: hornsey regeneration
AFFORDABLE housing is not the same as SOCIAL housing. This conflation is a clever trick being spun by developers and councillors nationwide. Affordable housing is a part-buy/part-rent deal. Social housing is subsidised housing for rent, owned by LAs or HAs.
When is anyone going to build some new social housing?
I think you'll find that what is now labelled as Affordable is NewSpeak for lease-purchase schemes, where the cost is split eg 50/50 between a mortgage and rent - so the overall cost is (slightly) less than a full-scale mortgage. Purchasers/tenants usually have to fill some criterion of being in housing need, and can't just sell onto the open market, so they are slightly kept within the social housing sector. But if Affordable mean what it says, then a mortgage for £100k plus fees plus eg 300pm rent can be afforded by anyone right? Here's how Newlon, which owns Tottenham Hale 'Village' explains it.
This announcement seems contradictory, or am I missing something? Sainsburys have been wanting to develop a supermarket on this site for yonks, but are now apparently selling land? Does this mean Sainsburys have abandoned their ambitions or will it just be developing a smaller site and supermarket.
This raises a lot of other issues too, most importantly traffic impacts and adequate public transport. Haringey is not the strongest borough on getting it's public transport right, and as the only bus that passes is the 144, it is hardly convenient for Crouch End, is it?
Food for thought.
And the comments so far on housing are so right. As an ex Housing Officer with two boroughs, Barnet and Hillingdon, claims about affordable housing stick in my gullet. Social Housing is rented, and often at subsidised rents. Shared ownership homes are of limited benefit to many on low incomes. I could rant on ...
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