Search

Boris gives East London Community Land Trust go-ahead at St Clement’s

09:32 16 July 2012

Former St Clement

Former St Clement's hospital at Mile End... to be Britain's first urrban community land trust

ELC Land Trust

Britain’s first-ever urban community land trust has got the go-ahead in London’s East End, it has been announced this-morning.

Boris Johnson has reached a deal with the East London Community Land Trust and chosen a developer to go ahead with the scheme on the derelict St Clement’s Hospital in Mile End.

He has confirmed today that Galliford Try contractors have been selected as the preferred developer for 200 homes at the six-acre site in the Mile End Road where the freehold is to be held in trust for the community for future generations.

The Mayor of London said: “This is a huge step forward for the UK’s first urban community land trust, an example of how in tough financial times we can release public land to increase housing supply. The East London Community Land Trust will take stewardship of what will be a new neighbourhood with 200 homes.”

Some homes will be directly owned by the land trust which will sell properties at fixed prices—but not the land which is to be retained by the community.

Families will pay a-quarter of the property market price for a home which they would sell back to the trust when they move on, so future generations can benefit.

The community trust’s Dave Smith told the Advertiser: “Today’s announcement marks the start of a new chapter in east London in building homes for local families—not match boxes to be bought and sold like a commodity.

“We’re going to create secure and permanently affordable homes that will forever belong to the people of east London.”

The Mayor has also pledged a second community land trust in the Olympic Park area after the 2012 Games.

The bid for community land trust housing has been driven by Telco, the East London citizen’s network, over the past 10 years. They held an open day last summer at St Clement’s, which has been vacant seven years.

Its founder Neil Jameson said: “The Mayor is sticking to his promise and pioneering the UK’s first-ever urban land trust at St Clement’s. And we share his ambition to see it used to build a lasting legacy of permanently affordable housing at the Olympic Park.”

The development will also preserve historic buildings, including a 19th century Grade-II listed workhouse.

Latest News Stories

11:23
Chilean naval training ship Esmarelda and [inset] Fr Michael Woodward

A Chilean naval training vessel once said to have been used as a “prison torture ship” by the Pinochet regime is facing protests today at the Millwall Docks in east London.

Yesterday, 07:00
Preparting fresh food for cookery class at Swanley's summer camp

A two-week ‘transition camp’ has been running to help primary children make the jump to secondary education when they join the new Year 7 at Whitechapel’s Swanlea School for the new term.

Yesterday, 07:00
Arina

Demystifying the process of growing companies securing funding from investors and lenders is the aim of the first event of its kind in the UK.

Thu, 19:14
David Dutoit [inset] admits at Southwark crown court to historic sex charges

Detectives are appealing today for any more victims of paedophile David Dutoit to come forward and speak to police—now he has been jailed for six years.

Most read news

Competitions

Shop till you drop!

Home to top name brands at great prices, TK Maxx is more like a treasure hunt than a shop. Perfect for grabbing a bargain or some hidden gems, you arm yourself with a trolley and go wild.

Scones, jam and a cup of Earl Grey anyone?

Luxury boutique hotel Flemings Mayfair has recently launched The Drawing Room, London’s most stylish location for afternoon tea.

Digital Edition

Image
Read the Docklands and East London Advertiser e-edition today E-edition
Family Notices 24


Our trusted business finder