The Mayor of London announced today that the site of a derelict Metropolitan Police building is set to be redeveloped as part of a ?54m project to build new homes, shops and a restaurant in Soho.
Trenchard House, a former police section house in historic Broadwick Street, will be demolished to make way for the construction of 78 new homes, of which 65 will be affordable and let by Dolphin Square Foundation.
The site, which has lain vacant for almost 13 years after it was decommissioned and sold, has been kick-started after unconditional contracts were signed between the Greater London Authority (GLA) and developer Barratt Homes.
The Mayor of London, Boris Johnson, said: ?After years of lying dormant it is fantastic news that this site will be welcoming in the diggers and bringing new homes to the heart of historic Soho. The project is a great example of how vacant public land can be released to deliver more housing for Londoners, as well as giving a boost to the economy and to jobs in the construction industry.?
Alastair Baird, Regional Managing Director of Barratt London, said: ?We are delighted to conclude the agreement with the Mayor to take forward the development of the Trenchard House site.? It is excellent news that the Mayor is pushing hard to bring publically owned derelict sites back into use, in partnership with Barratt London and other developers. ?
Brian Ham, Chief Executive of Dolphin Square Foundation said: ?This is a terrific opportunity to showcase our new model of affordable rental homes for working Londoners.? We?ll be targeting local people who drive the engine room of the London economy, including those earning the London Living Wage.?
The move comes after ownership of the site moved from the Homes and Communities Agency (HCA) to the GLA last year and is in line with the Mayor?s aim to release public land for housing development in the capital.
Notes to editors
From the 1 April 2012, the GLA took responsibility for programmes, functions and funding from the Homes and Communities Agency London region, London Development Agency and London Thames Gateway Development Corporation, through devolution powers set out in the Localism Act 2011.?
The new responsibilities include projects associated with the Affordable Housing Programmes which aim to increase the supply of new affordable homes across London.? The GLA will invest over ?1.9bn in affordable housing property from 2012 through to 2015.
The Mayor, who has pledged to build 55,000 affordable homes by 2015, is accelerating the release of publicly owned plots of land as part of a commitment to help get more homes built for Londoners and support the capital's economy.
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