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

07:00
Computer image of how former Essoldo, also known as the Rex, will look when remodelled as flats

One of East London’s famous art deco cinemas once frequented by the Krays which closed half-a-century ago is being redeveloped as luxury apartments for the property market.

Yesterday, 16:42
Khadijah age 4

Alea Begum didn’t know who to turn to for help when her 12-month-old baby was diagnosed with a rare dondition that led to brain damage and blindness.

Yesterday, 07:00
Passers-by enjoy water spout in Old Ford [photo: Dan McCurry]

Water, water everywhere in London’s East End—and plenty of drops to drink, Coleridge’s Ancient Mariner might be pleased to hear.

Tue, 14:54
Conference on how start ups can make the most of collaborating with corporates

Start-ups were advised to be confident and know their worth when doing business with bigger companies at a conference about how they could effectively collaborate with larger corporates.

Most read news

Competitions

The sell out 2014 event 32 Londoners, returns to the Coca-Cola London Eye!

The Coca-Cola London Eye is proud to announce that 32 Londoners will be returning this June, following last year’s sell out event. The event will feature 32 talks, in each of the London Eye’s 32 capsules on 32 extraordinary Londoners.

You could take in stunning views of London over brunch at the Sky Garden

Celebrate lighter, brighter days with the chance of winning an indulgent brunch for two with a bottle of bubbles at Darwin, the cool and casual brasserie 36 floors up at Sky Garden.

Digital Edition

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


Our trusted business finder