A 765-home regeneration scheme bordering Clissold Park, which will reach as high as 12-storeys, has been given the go-ahead.

A 765-home regeneration scheme bordering Clissold Park – which will reach as high as 12-storeys – has been given the go-ahead.

The first detailed planning application for the £100 million regeneration of the Kings Crescent Estate, situated on Hackney’s border with Islington, follows last year’s approval of a five-year, four-phase masterplan.

Councillors on the planning sub-committee have now given the green light to the plans for the estate in Green Lanes and Queens Drive.

Included within Hackney Council’s proposals are plans to increase the number of council homes for social renting which are currently on the estate from 195 to 274 in blocks of between five and 12 storeys, as well as providing 115 properties for shared ownership and 376 for private sale, along with a community centre and retail space.

There were 13 letters of objection on various grounds, with some people fearing it would ruin the skyline.

Others called the development “excessive”, and fear the increase in new residents will create huge of pressure on the local area and services.

The council is now tendering for a developer partner to build the new homes while 275 council homes on the estate are in the process of being renovated to above “decent homes” standards.

Solar panels, green and brown roofing, and a combined heat and power plant are expected to achieve savings of 25 per cent carbon dioxide emissions, which would have been produced by the development without such measures.

Cllr Philip Glanville, cabinet member for Hackney Homes and Regeneration Estates, said: “The council made a commitment to build new homes and refurbish existing ones at Kings Crescent, and this decision will enable us to continue delivering on this pledge.”

The regeneration of Kings Crescent is part of a borough-wide, 18-site estate regeneration programme to provide 2,400 homes during the next decade – one of London’s largest schemes for building homes for social renting, shared ownership, and private sale.

Now in its fourth year, 226 homes for social renting, shared ownership and shared equity have been delivered so far, and 42 for private sale.