Solum Regeneration, a joint venture between Network Rail and Kier Property, has won the ‘What House?’ Best Partnership Scheme award for its work with Waltham Forest Council and Islington and Shoreditch Housing Association (ISHA) on redeveloping Walthamstow Central Station. The team scooped the top prize of a Gold Award.
The £20 million redevelopment is a mixed use scheme that has transformed this key transport interchange and provided a catalyst for the wider regeneration of the surrounding neighbourhood.
The project, led by Solum Regeneration, has only been possible because of a range of key partnerships that have been established.
The judges praised the multi-faceted partnerships which Solum successfully developed during the project. The scheme stood out from the competition by working closely with public and private sector partners to deliver a redevelopment that the whole local community can be proud, bringing investment and vibrancy back into Walthamstow.
By working with its partners, Solum Regeneration has been able to develop a scheme that delivers much needed housing (private and affordable), a radically enhanced public realm arranged around a new station square and a mix of business uses including a new hotel.
David Biggs, Managing Director, Property at Network Rail said:
“Our joint venture set up with Kier Property to form Solum is an example of how we are drawing in funding and expertise from the commercial property sector, to drive value from railway land and give passengers better access and improved station facilities at no extra cost to the tax or fare payer.”
Commenting on their award Peter Hughes, Director at Solum Regeneration said:
“We are delighted to have received this prestigious award from What House? The judges have acknowledged that our joint approach, forged through partnerships with private and public sector bodies and community initiatives, does deliver significant change and benefits to local business, community and environment and is an example for all large scale developments.”
Cllr Chris Robbins, Leader of Waltham Forest Council and partner to Solum in Walthamstow said:
“The completion of this ground-breaking project symbolises a real catalyst for change in the town which will transform the character of Walthamstow and bring an enormous boost to our local economy… Congratulations to Solum Regeneration for winning the award and bringing the project to fruition.”