Over 200 residents were out in force at Kings Crescent Estate in Hackney on Saturday 9th June to join a day of celebrations to mark the completion of the initial phases of regeneration works.
The Mayor of Hackney, Phillip Glanville, the Speaker of Hackney Council, Cllr Clare Potter and Richard Higgins, Chairman of Higgins Group marked the occasion by cutting a ceremonial ribbon to officially open the first phases.
Residents enjoyed a variety of entertainment throughout the day including fairground stalls, rodeo sheep, sumo wrestling, giant Connect 4 and Chess and Hackney based steel band "Pantonic’. It was also a great opportunity for residents to meet each other over a tasty BBQ lunch.
Richard Higgins, Chairman of Higgins Group plc said, "We are extremely proud to have been part of this landmark project and to have worked closely with the Council and residents to ensure that the scheme not only delivered homes but also jobs and training opportunities for Hackney residents."
Mayor of Hackney, Phillip Glanville comments, "Today marks another important milestone in the Council’s ambitious Estate Regeneration programme. The award winning initial phases of regeneration at King’s Crescent are now complete having delivered 273 much needed new homes, with almost half of these for Council social rent or shared ownership for local people."
Higgins Construction was appointed as contractor to deliver the first two phases of 273 new and 101 refurbished homes, 41% for Social Rent and 10% Shared Ownership, achieving 50% affordable housing. Of the 273 new homes, 158 were Private Sale, which funded delivery of the rest of the scheme.
The regeneration of Kings Crescent isn't just about new homes. The scheme has delivered new jobs and training opportunities for Hackney residents, with 12% of construction workers from the local area and 26 apprentices delivered with 19 apprenticeships completed. 31 people have entered sustainable employment.
The project has also retained the best buildings of the existing estate whilst providing new homes for existing residents. Kings Crescent Estate has also won a number of awards including RIBA National Award and RIBA London Award where the judges commented that "this project shows that community combined with local authority-led development can be a way forward to create a robust model for new and refurbished housing."