A key component of the London Borough of Camden’s Community Investment Programme has achieved a resolution to grant planning consent following CBRE’s work with the London Borough. Maiden Lane, which includes over 250 homes, commercial, retail, employment uses and an energy centre, is part of a 15 year plan which will invest money in schools, homes and community facilities.
The renewal of the 1970s estate will comprise 71 homes for social rent, 53 for shared ownership, and 141 for private sale. Additionally, commercial, retail and other uses will create a high number of jobs designed specifically to offer employment opportunities for local people, using training and other initiatives which will be attractive to the wide range of employment opportunities offered by King’s Cross Central, an area increasingly popular with the arts and science sectors.
An onsite energy centre will not only to cater for the development itself, replacing a dated energy centre currently on the site, but will supply heating and hot water to a wider area.
PRP Architects have created a new scheme which will retain the Modernist design principles of the original, while also seeking to open up the estate, enhance it environment through an integrated landscape strategy and to integrate it with the wider area. A 20 storey tower will form the main focal point.
Paul Willmott, Planning Director at CBRE commented: “We are delighted to assist the London Borough of Camden in gaining planning consent for a scheme which will not only regenerate the physical landscape but provide many more wider-reaching benefits to this changing community and provide a large number of much need new affordable homes.”
CBRE’s Planning team has substantial experience of the area, having worked on Kings Cross Central, The Francis Crick Institute (formerly known as the UK Centre for Medical Research and Innovation) and other projects throughout Camden.
Following the resolution to grant, the planning application will be referred to the Mayor for London and a decision is expected within 3-4 weeks. Construction is due to commence later this year.
