Kings Cross Central – open for affordable housing

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Forum meets

See Meeting Dates page for notes of October 5th meeting

£42m funding boost for Kings Cross affordable housing

[By Will Mann in Contract Journal 8 October 2009

 

The Homes and Communities Agency has announced a £42m grant to help deliver affordable housing at the King’s Cross Central regeneration scheme.

King’s Cross Central, a joint venture between Argent, London & Continental Railways and DHL, will build up to 284 affordable homes over the next five years, alongside private housing for sale and/or rent.

The housing will be located next to the Regents Canal and will be sold to One Housing Group, which will be responsible for lettings, management and maintenance. The first homes should be completed by 2012..

King’s Cross Central has outline planning permission for a total of 1,946 homes, of which 834 will be affordable.

On October 5th the Forum heard Robert Evans, director, Argent, speak about the current plans for Kings Cross Central and features on which Argent are working with definites, probables and less probables illustrated in his slide presentation under Argent’s current strapline: “Kings Cross – open for business”. In fact far fewer business buildings featured in the immediate prospect and far more affordable and shared-ownership housing as well as one section which may provide housing for people with mental health needs. Meeting at Argent’s invitation in the German Gym, Forum also received the Annual Review, amended the terms of reference  and elected co-ordinating group members

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