Rockwell has announced Gateway Housing Association as its partner to deliver affordable homes at its landmark development at 82 West India Dock Road in Westferry
The 30-storey hotel and residential building adjacent to Westferry DLR station, at the gateway to Canary Wharf, will deliver 259 jobs and 66 new homes of which 35% will be affordable.
Gateway Housing Association, a provider of sheltered housing in the London Borough of Tower Hamlets, will take a 250-year lease on the 18 affordable homes within the scheme in their preferred location on the lowest residential floors.
Population growth in Tower Hamlets is anticipated to be the highest of any Borough, with an additional 60,000 residents by 2028.
The affordable housing includes a mix of tenures, for people at different stages of the property ladder; including London Affordable Rent, London Borough of Tower Hamlets Living Rent and Intermediate Shared Ownership. The provision of 3-bed family sized homes and Social/Affordable Rent homes within the scheme each exceeds the Borough’s target.
Donal Mulryan, founder of Rockwell, commented: “I’m delighted that Rockwell is partnering with Gateway Housing Association to bring forward and manage the affordable housing in this landmark development.
“Gateway share our commitment to providing great housing and support which meets the needs of the people of the Borough. This further ensures that the scheme has a positive and meaningful legacy for the local community.”
Kate Dodsworth, chief executive at Gateway Housing Association, added: “There’s a real need for more homes within Tower Hamlets as the demand continues to greatly outstrip the supply.
“We’re thrilled to be working with Rockwell to increase the borough’s provision of affordable homes and look forward to working with them throughout the development process.”
Work on the 82 West India Dock Road development is due to start shortly and will be completed in Q1 2022.