£35.2m Croydon residential scheme to deliver 116 new homes
A new multi-million pound residential development is set to deliver over a hundred new homes in South London.
Housing provider Optivo and Henley Construct, part of the Henley Homes Group, have joined forces to work on the £35.2m scheme in Croydon.
Situated on the site of a former industrial depot on Cherry Orchard Road, the nine-storey development will feature 116 affordable homes, including one, two and three bedroom apartments and duplexes.
Set across two linked blocks, the scheme will also comprise balconies and communal resident gardens at ground level, as well as secure cycle and refuse storage.
The development forms part of the wider £5.25bn East Croydon Masterplan, which seeks to unlock Croydon’s potential as a hub for outer London.
Aaron Usmani, Henley’s construction director, commented: “Croydon is an area undergoing significant change and we look forward to playing our part by delivering these genuinely affordable homes for Optivo at a time when they are needed most.
“The development is well placed to benefit from the wider infrastructure and public realm changes taking place, meaning that residents will be at the heart of everything Croydon has to offer.
“This builds on our track record of working with housing association partners to unlock and optimise challenging sites, underpinned by our ongoing commitment to design, quality and efficiency.”
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