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MASTERPLAN BENEFITS
Homes Community
Around 1,800 new homes significantly contributing to Camden’s 10-year housing target
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35% affordable homes in each phase
60% Low-Cost Rent – with over 50% of these as three bedroom homes to cater for local families
40% Intermediate Rent homes –catering for local key workers
Open space
50% of the 5.77ha site dedicatedto public and green spaces, which will be open and accessible to all
A long tree-lined park connecting West Hampstead and Finchley Road, providing an enhanced pedestrian and cycling link between the two communities
A large new green, 0.35ha in size, for people to visit, socialise in and relax
A new central 0.17ha square with a community garden in the first phase
A new 0.64ha linear park creating an enhanced pedestrian and cycling connection between Finchley Road and West Hampstead
Transport and infrastructure
New and enhanced pedestrian and cycling connection between Finchley Road and West End Lane
Safeguarding space for and contributing financially to station access improvements
A safe, secure, car free and outdoor neighbourhood, one which is highly sustainable and open to all New community facilities for local residents;
A minimum 1,000sqm multi-disciplinary health centre
A new 270sqm community centre
A minimum of 250sqm of affordable workspace for local businesses
Economy and local investment
Up to 16,700sqm of commercial and community uses across the comprehensive masterplan
A new town square with shops, leisure spaces and restaurants fit for the future
Space provided for much loved local amenities including a supermarket, gym and cinema
Around 380 construction jobs per year throughout the build programme
Around 760 FTE jobs for local people in the completed development
Around £30m projected to be spent annually in the local area by the scheme’s employees and residents
An indicative CIL payment of £43.5m
