London Square has completed the development of Hawks Road, the latest affordable housing development in Kingston upon Thames, London which will be managed by affordable housing provider Square Roots.
The scheme, which comprises 125 affordable rent and shared ownership homes, has been developed in partnership with the Pension Insurance Corporation and supported by a £4.9m grant from the Mayor of London’s Affordable Homes Programme.
The new homes at Hawks Road, which also benefit from landscaped gardens, podium decks, and a new children’s play space help address the significant need for affordable housing in Kingston. To date Square Roots has already welcomed 44 local households nominated by the council into permanent new homes. The shared ownership element also enables lower to middle income households to take a first step into homeownership.
Rasheed Rahman, Head of Affordable Housing & Real Estate Structuring at PIC said: "The completion of Hawks Road supports the need for genuinely affordable homes in Kingston upon Thames and across London more broadly. Beyond delivering much-needed housing, the development has also created meaningful social value, supporting 760 construction jobs, including 21 apprenticeships, and generating £21 million of local spend using local suppliers and materials sourced from within 30 miles of the site.
“Our investment in Hawks Road will help to solve a real issue that those living in London are faced with. We look forward to welcoming new residents into their new homes shortly.”
Barbara Richardson, Managing Director, Square Roots, added: “A high quality home can help transform people’s lives. This is the second development in Kingston we have delivered with London Square and we are delighted to be making an important contribution to the housing shortage in the borough. We’ll be working with all our residents in the coming months to ensure their move in is as smooth as possible.”
Tom Copley, Deputy Mayor for Housing & Residential Development, said: “It’s great to see the development at Hawks Road has been completed, delivering much needed affordable homes to local residents. The Mayor and I are delighted we could support this with a grant from the Mayor’s Affordable Homes Programme, making a real difference to the local area with landscaped gardens and a new play space alongside the homes. In addition, the development supported hundreds of construction jobs and apprenticeships, boosting the local economy. Hawks Road is a strong example of what can be achieved when investors like PIC and developers like London Square work together with City Hall towards a shared goal, as we continue to build a fairer, more prosperous city for everyone.”