Brixton to benefit from £75m regeneration

An estate in Brixton is to be improved thanks to a £75 million development project.

Housing association Guinness Partnership will be in charge of the programme at Loughborough Park, which will see 525 new apartments created across six blocks. It is part of a five-phase agenda that is expected to take seven years to complete.

One of the upshots of the scheme is that there should be more flats to rent in Brixton. It is being part-financed by a £16.3 million grant from the Greater London Authority and will see Guinness work with Countryside Properties and architects bptw partnership.

Lambeth Council divisional director for housing Rachel Sharpe is delighted the major regeneration project has been given the go-ahead. "It heralds a fantastic new era in which residents can look forward to better quality homes, a better quality of life and a better overall environment."

She continued by saying local inhabitants will see the area being transformed from a "tired looking neighbourhood" into a location that is modern and fantastic.

At present, the scheme falls some way short of the Decent Homes Standards. In order to bring the housing project into the 21st century, a number of environmentally-friendly features are to be installed in the properties. These include a combined heat and power plant, photo-voltaic panels and a green roof system.  

This means householders can expect to see a reduction in the cost of their energy bills, as they will be getting more of their power from renewable sources. These measures should also last for up to 20 years, which gives people plenty of time to make savings.  

Tony Swinden, project director from Guinness, observed there has been a lot of a discussion about how best to proceed with the scheme. He added it is essential the final plan "provides the attractive and modern living standards that we aspire to for our residents, so we are delighted to see our plans come to life now". 

Posted by Ben Carter

Published 16th May, 2012

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