Housebuilder Hill has been confirmed as a three way partnership accomplice on the £940m regeneration of the Teviot Estate in Poplar, east London.
The Poplar Housing and Regeneration Community Association (HARCA) selected the housebuilder for the function on the mission that may see between 1,800 and a couple of,500 properties constructed, in addition to new native public areas and outlets.
The contract time period is as much as 20 years, with a improvement worth of between £682m-£940m.
The three way partnership will appoint a grasp planner within the first half of this yr to develop designs in session with residents, Tower Hamlets Council and different stakeholders. A proper planning utility is anticipated mid-late 2022.
The scheme was put out to tender in February final yr and the housebuilder was formally appointed to the function with a contract discover printed this week.
