We are pleased to announce that Countryside Partnerships of Vistry Group have entered into a contract to complete the construction of the Patchworks scheme, located where the old Homebase used to be on Forest Road.
Previously under construction by another housebuilder until 2023, Vistry will now bring the residential-led development to completion in 2028.
In partnership with the Council, Vistry will deliver a high-quality development that reflects the heritage and culture of the area, alongside new commercial and co-working space, and attractive, welcoming gardens and play areas.
Of the 583 homes being delivered in total, 228 will be affordable housing through Newlon Housing Trust, while London BTR Investments (LBTR) has acquired 355 homes for a build-to-rent development under its Simple Life London brand.
A greener environment will be created at Patchworks, with energy-efficient buildings, environmental improvements along Forest Road, and over 130 trees, including 80 new trees. The new amenities will include new pedestrian routes to integrate with the existing network.
Kevin Delve, Managing Director of Vistry East London, said:
“We are proud to partner with LBTR and Newlon to bring Patchworks to fruition. Building on our other successful projects in the borough, these much-needed homes will make a real difference to local housing needs. We are looking forward to completing the project and delivering the council’s housing vision at pace.”
Cllr Ahsan Khan, Deputy Leader and Cabinet Member for Housing and Regeneration, said:
"I am very pleased to be working with Vistry to complete the new Patchworks development that will provide hundreds more much-needed new homes, with 156 available for low-cost rent to help those households in the greatest need. We are determined to make sure that local people have the opportunity to live in the borough close to their families, friends, and support networks. The development will be completed to a high standard alongside environmental upgrades that will make the area a nicer, more welcoming place for residents and visitors alike."
Stuart Churchward, on behalf of London BTR Investments, said:
“We’re delighted to be working with Vistry on this new neighbourhood. Walthamstow is a very attractive property hotspot and we’re very pleased to contribute to this, offering renters brand new apartments, teamed with a professional rental experience through the Simple Life London brand.”
Louis Gavriel, Assistant Director of Business Development, Newlon Housing Trust, said:
“We’re really pleased to be partnering with Vistry, LBTR, and the London Borough of Waltham Forest to deliver this much-needed affordable housing.”
