U+I has secured a resolution to grant planning consent for the £130m mixed-use regeneration of a former London bus factory in Walthamstow.
The Equipment Works scheme lies within the Blackhorse Lane Area Action Plan, which aims to deliver more than 2,500 homes and 1,000 jobs in Walthamstow over the next 10 years.
Equipment Works will be a residential-led mixed-use development featuring 337 new homes, 24 per cent of which will be affordable, as well as 1,750 sq m of commercial space.
The site is less than 150 m from Blackhorse Road station.
Commercial space will be targeted at small businesses and start-ups, with landscape architects Farrer Huxley Associates working on proposals for a public square and dedicated pedestrian access through the development.
U+I is developing the project in partnership with the landowner Parkdale Investments. The overall scheme has been designed by DLA Architects.
Motorised London buses, a precursor to the iconic Routemaster bus, were manufactured on the site until 1927.
U+I Blackhorse Road regeneration development 2
U+I director of regeneration Simon Hesketh said: “There is already substantial investment in the Blackhorse Road area and this resolution will unlock the potential of the Equipment Works site, providing the missing link between neighbouring proposals.
“The scheme will form the heart of a new community, acknowledging the distinct history of the site and bringing fresh vitality to the area, building on its industrial heritage.”