Towards the end of March a significant new development for Wood Green, Haringey, got planning permission. The project will transform the Chocolate Factory and Parma House properties. This will result in 230 new homes as well as 26,000 square feet of office space. The development will be a positive for an area where demand for homes is high.
Currently the 2.3 acre site is 149,000 square feet of office and industrial space. In securing planning permission a change of use was granted. This will allow the creation of the new homes in addition to new office space. As part of the regeneration there will be a roof extension so create an additional 6,000 square feet of offices.
The plan to create 230 new homes on the site really stands out. Impressively 35% of them will be affordable housing, catering for a range of different residents. Therefore, this will meet the target for providing homes in the area that are available for people with lower income.
The development will also benefit the wider area. The plan is to create a new public square in the area, providing open space for residents and businesses who take up offices in the property. In addition there will be a new cycling and pedestrian link between Haringey Heartlands and Wood Green Common. This could be useful for commuters and families.
The Chocolate Factory project is by Workspace. It is part of their portfolio of exciting projects across London, including a number of refurbishments and redevelopments. They are actively investing to create new homes, workspaces and infrastructure for the public.
Finefair is proud to be one of the very best teams for property management Haringey has to offer. We appreciate the projects that create new homes and workspace in the area. These can provide interesting opportunities for the future.
Our team are highly experienced and have the skills to manage various properties. If you would like to discuss a service with us please get in touch.