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Second Phase of Flagship Newham Affordable Homes Approved

National development partnership, The English Cities Fund (ECF), has received consent this week from the London Borough of Newham for the second phase of Manor Road Quarter, a diverse new neighbourhood that is being created in Canning Town.

ECF is a joint venture between nationwide placemaker, Muse, the government’s housing and regeneration agency, Homes England, and Legal & General, one of the UK’s leading financial services groups and major global investor.

The next stage of the landmark project will see ECF create a further 290 homes across four new buildings, along with new family-friendly leisure and amenity space. Following its approval, the second phase is scheduled to start on site in Summer 2024.

Work on the first part of Manor Road Quarter began in September 2021 and passed the half-way point of the build earlier this year. The development features a landmark 32-storey tower and 335 new homes, alongside ground-floor retail units and beautifully-curated public spaces for the community to enjoy.

The planning application for the project’s third phase is due to be submitted to the London Borough of Newham in early 2024. The second and third phases will see Manor Road Quarter bring forward an additional 449 homes, making a total of 804 new homes in Canning Town, with 50% affordable.

The completed neighbourhood will also include a new two-acre park, providing a stunning space to spend time in for both residents and the wider community. The green space will also help promote active travel through new walking and cycle routes – creating a vibrant, inclusive, and connected community space.

Elizabeth Wright, Senior Development Manager at The English Cities Fund, said: “We’ve been investing in Canning Town for a long time and feel Manor Road Quarter, which follows on from the new homes we created next door at Rathbone Market, is a key catalyst in revitalising the area.

“With phase two of the project receiving consent from the London Borough of Newham, we’ll continue the valuable work the project started during phase one to deliver vital benefits for the local area. This has included generating jobs, apprenticeships, and training opportunities for the community, along with bringing investment into Canning Town’s economy.

“Delivering regeneration of this scale that addresses community need, can only be delivered when the public and private sector join forces, and we’re delighted to have a strong partnership here, building a brighter future, together, for all in Newham.”

Manor Road Quarter will feature large cycle storage, in line with Greater London Authority guidelines. Given its very close proximity to London Underground, DLR and bus routes, only 24 car parking bays will be provided to encourage the use of sustainable and more active modes of transport. External features such as green areas, a skate park and an outdoor gym will also help improve the health and wellbeing levels of those living and working in the area.

The new neighbourhood at Manor Road is being delivered by ECF in partnership with the Greater London Authority’s Homes for Londoners’ team, London Borough of Newham and Metropolitan Thames Valley Housing Association (MTVH), one of the UK’s largest housing associations. The 177 affordable homes built in phase one will be owned, managed, and administered by MTVH.

Manor Road Quarter follows on from ECF’s successful completion of the Rathbone Market in Canning Town. This scheme saw the creation of a £160 million mixed-use development that features 652 homes, 32,000 sq. ft of retail space, a library, Neighbourhood Centre, and two new public spaces including the permanent home of the newly revitalised Rathbone Market.

Manor Road Quarter has been designed by EPR Architects, with Gardiner and Theobald as the quantity surveyor, Gleeds operating as the client project manager, and Longboard Consulting as the planning consultant. The project is targeted to achieve a ‘Very Good’ rating on BREEAM and it is estimated that the design of the building will reduce the building’s carbon output by 51%.

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A CGI of Manor Road Quarter's phase two development

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The English Cities Fund The English Cities Fund is a development company set up by three of the UK’s leading regeneration and investment organisations. We work in partnership with the public sector to transform urban areas and create exceptional new places. The fund brings together the combined expertise and ambition of Homes England, the Government’s homes agency; investors Legal & General; and urban regeneration specialists Muse Developments. Our partnership brings together the best of the public and private sector. In 2018, we announced the doubling of the fund to £200 million, paving the way for new partnerships and fresh investment into urban areas across England. Since 2001, we have delivered some of the country’s most complex and most successful urban regeneration projects. We’re proud to have taken on large, challenging sites in Liverpool, London, Plymouth, Salford and Wakefield and created inspiring new places in the heart of these cities. Following the expansion of the fund, we are exploring new partnerships with strong public sector organisations to deliver large-scale, mixed-use opportunities. Homes England Homes England is the UK’s national housing agency. It brings together land, money, expertise, and planning and compulsory purchase powers, with a clear remit to facilitate delivery of sufficient new homes, where they are most needed, to deliver a sustained improvement in affordability. Homes England is an executive non-departmental public body, sponsored by the Department for Levelling Up, Housing and communities. Legal & General Capital Legal & General Capital (LGC) is the early-stage investment business of Legal & General Group. With a direct investment portfolio of £2.9bn (as at 31 December 2019), LGC invests shareholder capital to deliver attractive financial returns by creating real assets and operating businesses. LGC self-manufactures attractive, Matching Adjustment-eligible direct investments to back Legal & General Retirement’s growing annuity liabilities and creates a portfolio of alternative assets for Legal & General Investment Management. LGC seeks opportunities to deploy its long-term capital into key alternative sectors where there has been a shortage of investment and innovation; supporting future cities, housing and principal investing (including funding for SMEs and early stage enterprises). LGIM Real Assets LGIM Real Assets is a division of Legal & General Investment Management (LGIM), one of Europe’s largest institutional asset managers and a major global investor. LGIM manages £1.2tn in assets (as at 31 December 2019), working with a range of global clients, including pension schemes, sovereign wealth funds, fund distributors and retail investors. LGIM Real Assets has AUM of £30.8bn (as 31 December 2019) and is one of the largest private markets investment managers in the UK. Investing in both debt and equity and across the risk/return spectrum, LGIM Real Assets actively invests in and manages assets across commercial, operational and residential property sectors, as well as infrastructure, real estate, corporate and alternative debt. Taking a long term view in order to future proof its investments, the business continues to lead the industry in ESG performance, considering all environmental, social and governance issues at asset level as well as portfolio level. Legal & General Group Established in 1836, Legal & General is one of the UK’s leading financial services groups and a major global investor, with international businesses in the US, Europe, Middle East and Asia. With almost £1.2 trillion in total assets under management at 31 December 2019, we are the UK’s largest investment manager for corporate pension schemes and a UK market leader in pensions de-risking, life insurance, workplace pensions and retirement income. We have also invested over £25 billion in direct investments such as homes, urban regeneration, clean energy and small business finance. Muse Places Muse Places is the UK’s leading light in mixed-use development and urban regeneration, with a range of major schemes across the country. Delivering innovative places through collaboration, Muse brings together the best of the public and private sector to deliver transformational change and maximise community benefit. A national developer – with regional operations in Manchester, London, Leeds and Glasgow – Muse is part of Morgan Sindall Group plc, a leading UK construction and regeneration group which operates through five divisions of Construction and Infrastructure, Fit Out, Property Services, Partnership Housing and Urban Regeneration.

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