Regeneration launch

3 August 2010

Over 300 residents from Ocean Estate in Tower Hamlets came together on Saturday to celebrate the launch of a £200million regeneration programme, which will see their estate transformed into a larger, more vibrant community.

The launch marks the start of major works on the estate, which will deliver over 800 new homes – almost half of which will be affordable- and nearly 1200 council homes substantially refurbished. The estate`s landscape will also be improved and new community facilities developed. East Thames Consortium are carrying out this programme and have awarded Wates Living Space the contracts to deliver refurbishment and new build works.

During the event residents received information about the development programme and the improvements they will soon be seeing in their area. They also enjoyed live entertainment and a BBQ, while hearing about the employment and training programmes available locally to help them gain new skills and get back into work.

To date, the pilot refurbishment programme has been completed, providing new kitchens, bathrooms and other repairs to 170 homes. Two of the blocks have now been demolished, and residents have been relocated from another five blocks,  in preparation for demolition.

The Homes and Communities Agency has allocated more than £41 million to support the provision of new affordable homes on the estate.

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Regeneration launch

Tower Hamlets Council Lead Member for Housing, Heritage and Planning said: “This long awaited regeneration is now starting to take shape before our eyes and it’s great to celebrate this important milestone with the community. A lot of residents have played an important part in making this regeneration a reality and the council is grateful for their ongoing help and involvement.”

Neil Baron, Development Manager from East Thames Group said: “Now that we are starting to see real change on Ocean Estate, its important to keep the community updated on the progress. Events like this offer the perfect opportunity for residents to speak directly with people working on the project to have their say and better understand the benefits they will receive from the transformation.”

George Moroney, Business Manager for Wates Living Space said: “We’re thrilled that so many residents came to the launch event and that it was such a success. We found that there’s a real optimism among residents that the project will make a big difference to the area, and people can’t wait for the work to begin.  We look forward to starting work on the site and delivering lasting benefits to the community.”