Developer Legal & General has started work on Blackhorse Mills, a build-to-rent scheme of 440 homes near Blackhorse Road Underground and Overground station.
It is being built by Galliford Try Partnerships in a £120 million contract and is expected to be complete in late 2019.
The site overlooks the recently opened Walthamstow Wetlands and will provide a mix of studios and one, two and three-bedroom homes. It will also include 1,858sq m of commercial accommodation.
Dan Batterton, build to rent fund manager at LGIM Real Assets, said: "Blackhorse Lane is a hugely vibrant and rapidly growing area of London. It needs new quality housing.
"Waltham Forest Council has been a very supportive, forward-thinking partner and it is only through this joined up, progressive approach that we are able to make such a large investment into the Blackhorse Lane community, supporting residents and businesses."
He said Blackhorse Mills would become an exemplar of what private renting could look like for future development projects.Back to map