Mayor of Islington, Councillor Jilani Chowdhury, opened Central Street earlier this month, a new £120 million joint venture development between One Housing Group and Mount Anvil which provides a range of private and affordable homes in Clerkenwell.
The scheme, which has already been shortlisted for ‘Best Large Development’ and ‘Best Design’ in the 2012 Affordable Home Ownership Awards, is an innovative scheme which provides 170 private, 60 shared ownership and 44 affordable rented homes. The development also features 11 commercial units, which will help to create new jobs and increase the footfall to the area, boosting local business.
Mick Sweeney, Group Chief Executive at One Housing Group, said: “We are delighted to be opening Central Street today with our partners Mount Anvil. This scheme has a mix of private and affordable homes which we believe will create a diverse and sustainable community. Central Street is also a great example of our new development model. With grants reducing we are using the profit we make from
selling private sale homes to enable us to keep building affordable homes.”
Councillor Jilani Chowdhury, Mayor of Islington commented: "The council is committed to building more affordable housing in Islington - schemes like this one, where One Housing Group has worked with Mount Anvil, make an important contribution to this goal. I am pleased to visit the development at Central Street, and
also I am especially pleased the development includes family-sized homes for social rent."
Killian Hurley, Chief Executive Mount Anvil, who today spoke at the opening said: “Our partnership with One Housing Group at Central Street has yet again been a great success based on the underlying principles of sound communication, team work and trust evolving from highly competent staff at all stages of the process. We hope to further strengthen our relationship with One Housing Group in the future”.
Sustainability was a key consideration through the scheme’s design and construction. It has achieved an environmental impact (CO2) ‘A’ rating and a level four Code for Sustainable Homes. Eight blocks have green roofs to reduce the runoff of rain water, reduce energy use and increase bio-diversity. The buildings have reduced floor loadings, heat recovery, open able windows and energy saving lighting and controls which all aim to reduce carbon emissions by 20%. Compared with the industry standard of 5%, this ensures the development is leading in eco-innovation.