Partnering with Re:shape on Prime Asset Investment in Hackney
We are working with Re:shape on the acquisition of a strategically located development site on Homerton High Street, Hackney, marking an important step forward for a new co‑living‑led scheme in East London.
The site, at 144–148 Homerton High Street adjacent to Homerton Overground station, benefits from an existing planning consent for a large residential‑led, mixed‑use development. The previously approved scheme, designed by CZWG Architects for the former developer, comprised 245 homes and commercial space but did not progress due to viability and ownership constraints. The project is estimated to have a gross development value of approximately £160 million.
Re:shape now intends to reposition the site as a co‑living development, integrating flexible commercial accommodation for SMEs alongside policy‑compliant social housing. The landholding includes Bison House, 7 Sedgwick Street and 84–90 Digby Road, offering significant scale and redevelopment potential.
This transaction builds on Re:shape’s recent momentum across London, following its collaboration with Topland Vintage Group on the transformation of St George’s House East in Wimbledon into a major mixed‑use asset.
Our role focused on facilitating funding and advising the investor through the acquisition process, whilst supporting Re:shape’s vision to deliver sustainable, mixed‑use communities in well‑connected urban locations and unlock stalled sites through innovative living models.
Source: Green Street News