London Square and One Housing win £125m Walthamstow project

A joint venture between developer London Square Partners and housing association One Housing has won a job to develop a £125m regeneration scheme in east London.

The scheme (pictured) will be built around Lea Bridge station in Walthamstow and will include 300 homes, half of which will be affordable.

Waltham Forest Council, which tendered for the developers for the site, said 15% of the project’s 300 site workers must be local people and over £350,000 of work must be made available to local subcontractors.

The design will include a new entrance to Lea Bridge station and 3,000 sq m of commercial space for local firms.

A spokesperson for London Square Partners said the projected start date for construction was autumn 2021, subject to planning permission.

Other London Square Partners projects underway include a scheme with Peabody for a £300m regeneration of Vulcan Wharf in Stratford and a 232 home mixed-use project in St Michael’s courtyard, West Croydon.