Projects Projects

Stonelea and Thornebury

This housing development in Leytonstone will be marketed as 100% affordable housing, following negotiations by the council, helping meet the borough's strong demand for homes available for rent and shared ownership at prices local people can afford.

There will be 79 homes built by Keepmoat Regeneration – part of the ENGIE group – on the former NHS Stonelea and Thornebury sites off Union Close for social landlord Peabody Group.

Peabody originally intended to have only 30% of the site as affordable homes, but the council was able to secure an agreement that 36 would be available for social rent and 43 for shared ownership.

Dick Mortimer, Peabody’s executive director of development, said: “We recognise a significant demand for high quality, family sized homes in the borough and more than onethird of this scheme will be units with three or more bedrooms.