Finsbury Park’s Kings Crescent Estate regeneration set to go ahead
Plans for the 765-home regeneration of a Finsbury Park estate were approved by Hackney’s planning sub-committee last Wednesday night. (12 September)
The five-year Kings Crescent masterplan involves a mix of newly-built and refurbished homes, with the refurbishment of 275 homes for social renting in seven existing blocks already under way, and cleared space ready for the construction of new ones.
The scheme in Queens Drive provides an additional 79 new homes for social renting and 117 for shared ownership, as well as 294 for private sale – to help pay for the scheme.
Blocks range from between four to eleven storeys, and there are plans for new shops, a community centre and a caf�.
Consultation ahead of detailed planning applications is set to begin next month, when the Council will also go out to tender to procure a developer partner for the regeneration scheme.
In the next decade Hackney Council plans to provide over 2,300 homes, including a mix social renting, shared ownership and private sale, at 15 sites cross-subsidising each other across the borough.