Mayor accelerates the release of land to deliver 3,500 new homes in London and Soho

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By SohoLisa | Tuesday, November 01, 2011, 13:16

London Mayor, Boris Johnson has announced plans to speed up the release of public land in order to deliver around 3,500 new homes for the people of London across the capital.

Johnson is presently releasing plots owned by the Homes and Communities Agency (HCA) in order to accelerate the building of homes and is currently on track to turn around a record 50,000, affordable homes by the spring of 2012.

So far, four sites which were once hospitals have been earmarked as being highly suitable for potential development and it is hoped that it will kick start further regeneration schemes in the city.

In 2012, The Localism Bill will transfer the functions of HCA in London to the Greater London Authority. Until then, the HCA will continue to release public land.

Since the beginning of 2011, the London Board of the HCA has agreed developments on six public land sites.

The release of Trenchard House in Soho has allowed Barratt London to develop the former Metropolitan Police building in Broadwick Street. Barratt intend to build 78 new homes, of which 65 will be affordable, subject to planning permission.

So new, affordable housing in Soho may no longer just be a myth in the future!

 

      

Comments

       
  • Profile image for JakeSheehan

    Who knows? "Affordable" is in the eye of the beholder, but at least it more homes in Soho and if they are slightly cheaper than usual, then that can only be good. Sadly, Soho is out of bounds for people with low incomes, but that's the way it is. It's a sought after place, so rent will be high.

    By JakeSheehan at 14:42 on 18/11/11

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  • Profile image for brixtonman

    Define "affordable"? Tee coalition government's definition is 80% market rent, which in Soho will not be affordable to those on low wages.

    By brixtonman at 23:53 on 16/11/11

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