Resolution to grant planning permission in Walthamstow for major stacked industrial and residential development

6 December 2023

NEAT and BlackRock Real Assets were granted permission by Waltham Forest’s Planning Committee on 5th December for a major industrial intensification and co-located residential redevelopment on the Uplands Business Park in Blackhorse Lane, Walthamstow.

The plans represent a £650m investment in Blackhorse Lane and will see the delivery of 1,800 new homes alongside 33,000m² of new, stacked industrial units. The scheme will build on the existing, successful creative and commercial offer at Blackhorse Lane, creating a larger Creative Enterprise Zone within a 15-minute neighbourhood, co-locating new homes with employment space in a sustainable location.

The vision from BlackRock Real Assets and NEAT Developments will connect industry to culture and homes:

- New, innovative stacked industrial buildings will be introduced alongside space for business start-ups, seeing an increase on the current industrial floorspace from 28,000m² to 33,000m²;

- The 1,800 homes will be co-located with the stacked industrial, ensuring the creation of a true 15-minute neighbourhood;

- New shops, restaurants, cafes, outdoor markets and a new Wetlands Waterside Park, opening the site up for the first time to the adjacent Walthamstow Wetlands.

The plans for Uplands are the culmination of four years close partnership with Waltham Forest Council and the GLA. This scheme sets a lot of precedents for best-in-class development in brown field locations, and will set a benchmark for better land use for years to come.

For more information, please contact:

Eric Holroyd