Orbit selects Wates to deliver £73m London estate regeneration scheme
July 19, 2017 – UK-based residential developer Orbit has selected Wates Residential to help deliver its proposed £73m regeneration of the Arthur Street housing estate in Bexley, London.
Arthur Street was built in the late 1960s, and features three 13-storey tower blocks and a number of low rise blocks providing 263 one- and two-bed flats with some three-bed maisonettes. Many components are now failing and the blocks no longer meet modern standards.
Wates Residential will manage the design process and build of the new homes.
Orbit said that the proposed new scheme will include nearly 280 new homes, of which 80% will be for affordable rent and shared ownership with associated parking and public open space.
Orbit development director Maggie McCann said: “We’re delighted to continue our partnership with Wates.
“We want the Arthur Street estate to be a great place to live now and for future generations. The regeneration of Arthur Street looks beyond bricks and mortar and will encourage an inclusive community for people who wish to work in London and live in a neighbourly community.”
Orbit’s Arthur Street regeneration scheme will also receive more than £10m assistance through the government’s Estate Regeneration Fund and the Greater London Authority’s Affordable Homes Programme.
HKR Architects has been selected to deliver the masterplan and design of the scheme.
Both Orbit and Wates Residential will discuss with with the local community before submitting a planning application to London Borough of Bexley in summer 2018.