Savills: Regen Model Could Create 360k Homes

Up to 360,000 extra homes could be created in London by redeveloping council estates to a higher density along street patterns, according to a government-commissioned report, Completing London’s Streets, carried out by consultancy Savills. The report compares a conventional approach to estate renewal, under which estates are replaced with new high-rise blocks, to an alternative ‘complete streets’ model. Under ‘complete streets’ estates are re-built in a street-based pattern. Savills estimates 1,750 hectares of London’s 8,500 council housing estates could be capable of ‘complete streets’ regeneration, leading to an increase in the number of existing homes of between 54,000 and 360,000. The modelling, carried out for the Cabinet Office, was based on a detailed study of six estates in London. Download the report from Savills website.