Contract Overview

The delivery of the £174m regeneration scheme will see the transformation of the Myatt’s Field North community from an isolated and heavily stigmatised estate into a balanced and sustainable neighbourhood. The radical remodelling of this 1970s ‘Radburn’ layout housing estate will improve housing choice and provide a more attractive and diverse housing offer will deliver a mixed tenure community through the delivery of:

  • 357 new private homes for sale;
  • 247 new homes for social rent;
  • 146 shared ownership homes;
  • 58 leaseholder homes reprovided; and
  • 172 existing homes refurbished.

The new housing proposals double the density of the existing estate and is supported with considerable investment in new community infrastructure provision including, a new community centre set within a new landscaped park, new and revitalised public realm consisting of a network of open spaces and new street network, new retail provision and a neighbourhood combined heat and power (CHP) plant.

We worked proactively with Lambeth Council throughout the development, masterplanning and planning stages of the project to develop scheme proposals that are deliverable, cost effective and enable the effective transformation of the Myatts Field North estate. In particular, working to ensure that the investment in the physical infrastructure delivers and maximises improvements in relation to economic, social and environmental outcomes.

Significant consultation with the local community and working in close partnership with statutory agencies and wider stakeholders ensured the proposals received wide support and was instrumental in developing a shared vision and joint ownership of the detailed proposals resulted in the successful Hybrid Planning application submission.

The masterplan focuses on the public realm, at the heart of which is a new central park and community centre. a new hierarchy of streets create character areas relating to the surrounding urban form, providing a variety of identities for the different areas of the estate. New apartment buildings, alongside the new community centre provide striking landmark gateway elements helping to strongly define legibility and wayfinding around the area.

The project represents Pinnacles holistic approach to regeneration as we are the lead investor – providing the development and management of the project, the developer – delivering new homes for sale and we provide the neighbourhood and estate management. The project includes the full management and maintenance of the properties and open space over a 25 year concession period.

A creative masterplan was developed through a neighbourhood led approach with the aim of transforming this isolated and heavily stigmatised estate community into a balanced and sustainable neighbourhood.  The £174m regeneration scheme has radically remodelling the original 1970s housing estate by doubling the original density, introducing a balanced tenure mix, enhancing green, open spaces and delivering new, much needed community infrastructure.

The project is being delivered over a five year period 2012-2017 with a concurrently running management contract for 25 years for the homes and open space.

The project has won numerous awards including “Best Scheme in Planning” – Affordable Home Ownership Award – Sept 2012, “Best Regeneration Award “ – Housing Design Awards – June 2012