Mitheridge Capital Management and Halcyon Development Partners have secured planning consent for a co-living development in Hackney Wick.
The development at 115-119 Wallis Road comprises 337 co-living units, affordable workspace, a new canal-side café and enhanced public realm on a site that currently houses three warehouses.
The Hackney Wick and Fish Island Creative Development Trust will operate a local business offer in the ground floor commercial space centred around creative enterprise. The trust currently runs the circular economy project ‘The Loop’ as a meanwhile initiative on the site.
Harry Manley, head of planning at Halcyon, said: “This is a significant milestone in our journey to bring co-living to Hackney Wick. This development will realise significant regeneration benefits for this important part of Hackney Wick, whilst providing future residents with an exemplary living experience in the most exciting neighbourhood in the capital. We can’t wait to get started.”
Robert Chevis, development director at Mitheridge, added: “We’re thrilled to be pressing ahead with this development, and grateful to the LLDC for their support. Bringing co-living to Wallis Road will deliver much-needed housing to one of London’s most sought after and vibrant communities.”
