Refurbishing Central Hill estate, Crystal Palace and building 242 infill homes there will cost £77.5 million say Architects for Social Housing.
But demolishing the whole estate will cost Lambeth council an estimated £157 million – and that’s before a single new home is built.
The figures were unveiled at ASH’s launch of their new book-length report about Central Hill held on Cotton Gardens estate next to Knights Walk – another of the six estates across the borough which Lambeth have targeted for demolition.
ASH’s Simon Elmer told an audience of journalists, architects and others on Thursday evening Central Hill estate currently has 476 homes. “We can add 242.
“By selling or preferably renting on the private market we can regenerate the funds to refurbish the existing homes that have been neglected for many years.”
And he emphasised: “The real housing need is for sub-market rent. “That’s where the real…
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