Sustainable development and urban regeneration specialist Igloo has won planning approval for a £10m mixed-use scheme with 25 low energy homes in north London.
The development, on the formerly derelict site next to Caledonian Road and Barnsbury Overground station, involves the restoration of a Victorian townhouse, which will be converted to a ground floor retail studio with two homes above. A stable block to the rear will be turned into a creative workspace
The project also includes a new 21-unit apartment building plus a pair of semi-detached houses, designed by project architect Brady Mallalieu. The homes target Code for Sustainable Homes level 4, with an Energy Performance Certificate (EPC) A rating.
Sustainability features will include: solar photovoltaic panels; high levels of insulation and airtightness; mechanical heat recovery and ventilation; combined heat and power technology; and secure cycle storage.
Construction is due to start shortly, with completion set for autumn next year.
The Igloo Regeneration Fund is a partnership of pension, life and charity funds managed by Aviva Investors, which invests in sustainable urban regeneration across the UK, either directly or via joint venture vehicles, Blueprint (with the Homes and Communities Agency), Bigg Regeneration (with Scottish Canals) and Carillion Igloo.
Igloo invests in UK mixed-use real estate through sustainable place-making in partnership with the public sector and local communities. All of igloo's investments are screened with its pioneering Sustainable Investment Policy Footprint. You can take a look at how we are bringing the ideas in the Footprint policy to life here.
The Fund is currently invested in well-designed, environmentally sustainable, regeneration investments across the UK. It continues to grow and welcome new investors and is actively seeking and assessing new regeneration investment opportunities in edge of city core locations within the UK's top 20 cities.
Igloo's unique combination of fund, development, investment and asset management expertise is its fundamental differentiator, driving successful sustainable urban regeneration.
