Sutton’s Liberal Democrat council has warmly welcomed plans to build about 700 new homes on the site of the former Felnex Trading Estate in Hackbridge. It’s part of a major regeneration project for the area.
Asset management company Schroder Real Estate (Schroders), which owns the Hackbridge site, and house builder Barratt Homes are working in partnership to redevelop the 7.7-hectare site.
The Felnex site is part of Sutton Council’s Sutton One Housing Zone, which was approved by the Mayor of London in July as one of the capital’s 20 Housing Zones. A mix of family homes and affordable homes will be built on the former industrial site when construction begins next year. The site will also deliver much-needed community benefits including a supermarket and surgery facility.
As part of the project, the Sutton Decentralised Energy Company will provide low-carbon energy for hot water and heating to the homes from the Beddington Energy Recovery Facility to be built nearby.
Cllr Jayne McCoy, Lib Dem chair of the council’s Housing, Economy and Business Committee, said the council was delighted that the new homes would be built in the borough to address the huge local demand for family and affordable housing.
She said: “It is great to see such significant investment in Hackbridge and we are looking forward to working with Schroders and Barratt Homes. This will be an ideal place to live and bring up a family.”
Neil Meredith, Head of UK Business Space, Schroder Real Estate, said: “Our vision is to create a sustainable and innovative development that will spearhead the regeneration of Hackbridge. We are proud to be teaming up with Barratt Homes to develop the Felnex Trading Estate. This will be as an exemplar sustainable project to make Sutton the UK’s first sustainable borough, as part of the ambitious aims and aspirations set out in the Hackbridge Masterplan and the One Planet Living Sutton Charter.”
Mark Bailey, Managing Director of Barratt Homes Kent, said: “Felnex is a fantastic housing and regeneration project which will bring millions of pounds of investment to the area and create thousands of local jobs during construction. We are looking forward to working closely with the local community, in particular the Hackbridge Neighbourhood Development Group and local councillors, on a development which will enhance the local area and create a positive legacy for the years ahead.”