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Funding announced for Larner Road regeneration in Bexley
Published 10th September 2011 | Press Releases
Regeneration of Larner Road in Erith is set to go ahead with the announcement today of £15m funding from the HCA. The grant from the National Affordable Homes Programme enables local housing association, Orbit South, to start work on a £128m project which will transform the neighbourhood.
Orbit South, in partnership with the local community and the London Borough of Bexley, will replace the seven high-rise blocks with over 600 new homes for around 3,000 local people.
The development will be delivered by partner organisation, Orbit Homes, and the area owned and managed by Orbit South. It will include a mix of homes for affordable rent, private market sale and low cost home ownership.
Orbit South has been working with local residents for over two years to shape plans for the future of the neighbourhood and today celebrated the news by holding a community fun day for residents.
Vivien Knibbs, Managing Director of Orbit South, says; “This is a fantastic day for the local area and we are thrilled that the Homes and Communities Agency has confirmed funding for the first phase.
“We worked really hard with local people and London Borough of Bexley to make the case to transform Larner Road and today we wanted to celebrate this news with the community.
“This project will continue to be taken forward with local people and will completely transform this part of London, bringing significant investment into the area and creating homes which people can be really proud of.”
Steve Kenworthy, a local resident involved in the project, says; “The regeneration is a great opportunity to bring people together, get them involved and build a community spirit. I’m planning to stay on because I believe it’s going to be a great place to live and I’m looking forward to having a say in the design of the new homes.”
Cllr Teresa O'Neill, Leader of the London Borough of Bexley, says; "We are delighted with this news. The Larner Road regeneration is fully supported by the London Borough of Bexley as a priority project within the Bexley Investment Plan. It offers a range of tenures and affordability levels, as well as new community facilities and open spaces. We look forward to continuing working in partnership with Orbit South to help deliver the exciting, modern and aspirational new homes and environment for residents and Erith as a whole.”
Jackie Jacob, the HCA’s London director, says: “Throughout the project development Orbit South has shown a real commitment to the improvement of Larner Road. I am pleased to be able to support Orbit South and the London Borough of Bexley in this transformational project that will bring about a positive change, and create opportunities for the community to take a significant role in shaping their area.”
Work on the site is due to start in 2013 with the first homes being ready in the Spring of 2015. In the meantime, residents are moving from the first blocks to be demolished. We are achieving our target of helping at least ten households a month move to new homes to enable the work to begin.
The current high rise flats and bedsits will be replaced by a mix of about 288 family homes with private gardens and approximately 340 low rise apartments.
The transformation of Larner Road is a partnership between the local community, London Borough of Bexley and Orbit, and is being funded by the Homes and Communities Agency.”