Opportunity of the week: three sites in the Lea Bridge area
Tue 9th January 2018, 3:24 pm
The London Borough of Waltham Forest is looking to enter discussions with developers about three landmark development opportunities located in the Lea Bridge area at the next Sitematch London on 8 February 2018.
Since the reopening of Lea Bridge station in May 2016, the council has begun to create a new gateway to the borough in this area.
The three sites will be disposed to deliver high quality residential-led mixed-use development, including a new entrance for Lea Bridge Station.
Site one: station site, Argall Way
The first site is a triangular shaped grass area roughly 0.25ha in size and conveniently located adjacent to the entrance of Lea Bridge station.
The site offers an opportunity for the development of a residential tower, functioning as a landmark for the local area and highlighting the location of the station based nearby. A tall building will also benefit from scenic views across Lee Valley Regional Park to the west of the site. The ground floor can be used for retails purposes.
Site two: Lea Bridge Road
The largest of the three sites (0.41ha) is currently used as an informal open space. This site could facilitate cultural and conventional commercial uses, underlining council aims for the sites to support a new neighbourhood as the new local centre.
Site three: Orient Way
This is the smallest of the three sites, measuring 0.2ha.
It is an open grassed area adjacent to the railway. The council sees the site as suitable for a residential tower, which should not be as tall as the proposed landmark tower on site one. The ground floor may be used for retail or employment purposes.
The redevelopment of three sites is a part of the borough’s wider regeneration strategy, which could see the delivery of 4,000 new homes in the area, as well as 100,000sq m of additional business space.
The area benefits from excellent transport links with direct train connections to Stratford and Tottenham Hale. Local residents enjoy numerous amenities, including green space and leisure facilities.
Director of investment and delivery, Jonathan Martin and head of strategic regeneration and Will Teasdale from the London Borough of Waltham Forest are keen to discuss this opportunity at the next Sitmatch London on 8 February 2018. For more details contact Josie Brewer on 020 7978 6840.