Lambeth Housing

London

Project Value - £150m

Project Sector - Social Housing

UK

About The Project

The major regeneration of the Estate began in summer 2012, making it a more vibrant, welcoming, and greener environment.

The 25-year housing PFI project includes the construction of 808 new build homes and the modernisation and refurbishment of 172 existing homes. It will also include the development of a state-of-the-art landscaped park; development of new streets, green spaces and allotments; refurbishment of estate-based retail units and the construction of a new showpiece community centre with sports facilities.

The total new build of 808 new homes will encompass:

–       305 new Council homes to replace 100% demolished homes

–       146 affordable (shared ownership) homes

–       357 new homes for sale with ten per cent accommodating full wheelchair access.

A project specific Joint Venture Development Company called Myatts Field Development LLP (comprising Pinnacle Regeneration Group and Higgins Homes) has been set up to deliver the 357 market for sale new homes and 146 shared ownership homes in partnership with Notting Hill Home Ownership.

Ongoing activity

Sustainability is at the heart of the redevelopment proposals with a reduction in 80 per cent of carbon emissions. A combined heat and power plant installed on the estate will provide heating and hot water to the entire development. The master plan returns to the estate a traditional street pattern, which opens the area to surrounding neighbourhoods.

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