First-time buyer flats in Hackney: thousands of new homes and workshops planned for Fish Island
Once part of a thriving industrial suburb where in 1865 the Gas Light and Coke company established a small factory town, now a conservation area, the 50-acre area later fell into dereliction and was settled by artists searching for cheap studio space.
Its fortunes were transformed by regeneration stemming from the 2012 Games, as the site sits just across a canal from Queen Elizabeth Olympic Park.
A masterplan to create a new neighbourhood with more than 5,000 homes, live-work dwellings, workshops and small business premises is coming to fruition.
The Suntrap Building, part of the latest phase at Fish Island Village, will have one- and two-bedroom apartments, with prices starting at £440,000. Call 020 3906 1950.
Local authority planners say they want to protect the best of the area’s industrial architecture and ensure this new neighbourhood is “balanced”, with a tenure mix of owners and renters.
They also aim to ensure the rooted community of small businesses and creatives is not dislodged by fashionistas. Time will tell. Gentle gentrification had already set in before the arrival of Covid-19.