Walthamstow Greyhound Stadium site acquired

A consortium involving L&Q, yoo Capital and KW Linfoot Plc has acquired the Walthamstow Greyhound Stadium site. No formal planning application has currently been put forward. The consortium intends to submit a planning application for a mixed tenure residential scheme offering a range of affordable homes. This will consist of a mix of social rented, shared ownership and outright sale flats and houses and will also include a mix of larger, family sized properties.

Simon Baxter, Principal Development Manager for L&Q said: “L&Q are already major developers and landlords in Waltham Forest with over 3,000 homes, and we have worked in the Borough for forty years providing affordable homes and more recently housing for sale. There is a huge demand for all types of housing in Waltham Forest and we hope to develop a proposal that will see a sizeable number of high quality homes built to cater for the housing aspirations of all types of households.”

Andrew Thorpe, Managing Director of yoo Capital commented; “The owners of Walthamstow Stadium have come to the difficult conclusion that the Stadium no longer provides for a viable business after operating it for nearly 80 years. This now provides a great opportunity for us to work alongside an affordable housing provider to offer a truly integrated social and private residential development. We look forward to investing in the future of Waltham Forest and creating a new sustainable community.”

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