Camden Council’s Community Investment Programme, in partnership with Ballymore and Lateral, have secured planning consent for the regeneration of Camley Street in North London.
The consented scheme brings together two brownfield sites to create a new neighbourhood providing 401 new homes, 50% of which will be genuinely affordable, new employment space, community facilities and high quality public realm.
Nasrine Djemai, cabinet member for new homes and community investment at Camden Council, said: “This is a fantastic outcome for Camden and our residents. The redevelopment at Camley Street will provide hundreds of new affordable, family-sized, energy efficient homes in the borough, of which nearly 50% will be genuinely affordable homes for local people. Combining homes with commercial development will also support local growth and provide over 1,000 job and training opportunities that will directly benefit our residents.
“The life science, technology, and digital industries are booming in Camden, and we want to facilitate this growth, but more crucially, we want to ensure our residents have access to the jobs created by them. This includes placements for school children and creating apprenticeships and training, so that residents growing up in the borough have clear and varied pathway into these jobs. Following almost five years of engagement with local communities and businesses to create a shared vision for Camley Street, we’re delighted to get the go ahead for a scheme that delivers on many of the asks of the Neighbourhood Forum, and aligns with the aspirations and needs of local people.”
John Mulryan, chief executive officer of Ballymore (UK) added: “Achieving planning consent for this scheme just 14 months after we were chosen as the development partner is a testament to the work of the entire team and shows how the public and private sectors can work together to deliver the places we need. We look forward to continuing to work with our partners and the local community, to deliver the high quality homes, green spaces and commercial uses that will make Camley Street a thriving community in the heart of Camden.”
Rob Beacroft, co-founder of Lateral, said: “We’re delighted that our plans to integrate high growth innovation sectors into the new Camley Street neighbourhood have been positively received. We believe urbanising innovation brings both responsibility and enormous opportunity. That’s why we’ve designed a building that not only provides affordable innovation space and supports early-stage ventures, but also opens up to the public through The Mixer – a space for learning, collaboration and community.”
