Designed by HTA the Chapel Place scheme will comprise a cluster of seven buildings ranging from 9 storeys in the south to 36 storeys towards the north.
The 2 hectare site, currently occupied by a Sainsburys store and parking, will offer a mix of build to rent, London affordable rent and intermediate tenures and deliver 35% affordable homes.
The landscaped ground floor, podiums and roof terraces provide outdoor amenity and play space for all ages on site.
The scheme achieves a 60% reduction in carbon emissions, an improvement over the required 35% with a sitewide energy strategy that avoids combustible forms of energy and stands ready to connect to future district energy initiatives.
Colin Ainger, Partner at HTA said “Thanks to the proactive and supportive guidance of the Planning department at Redbridge and the oversight of the skilled team at Telford Homes, this ambitious project can now move forward towards construction and delivery. It’s going to transform this end of the town centre once it’s finished and we can’t wait to see it come to fruition.”
Caroline Radford, build to rent development director at Telford Homes, said: “With rental demand already outstripping supply, this scheme represents a significant growth opportunity as we continue to expand our build to rent pipeline.”