Transport for London (TfL), through its wholly-owned commercial property company, has completed the first of its joint venture housing developments with Barratt London and London and Quadrant (L&Q).

Construction of the car-free development at Blackhorse View began in 2019 and has now delivered 350 new homes opposite Blackhorse Road tube and rail station, with 50% affordable housing. 

This marks another step forward in TfL’s ambition to deliver 20,000 new homes across the capital.

Built on the 1.8-acre site and designed by RMA Architects, the 350 new homes span across six buildings and are a mixture of one, two and three-bedroom properties, providing options for all types of households. 

The development has also delivered a new public cycle hub on Forest Road, close to the protected cycle route, along with 650 cycle parking spaces for residents. 

The transformation of the nearby Blackhorse Road junction also makes it even easier to travel more sustainably, while the development itself also includes a new pedestrian route through the site, alongside the planting of more than 40 new trees.

The first residents began moving in summer 2021, with the majority of the homes now having been sold. 

Around three-quarters of the homes sold – through shared ownership, Help to Buy and private sale – have been to first-time buyers. 

The affordable housing delivered by the development is managed by housing association, L&Q. 

As well as creating new homes for London, the scheme has also helped create new jobs and apprenticeship opportunities throughout the life of the project. 

Rachel Wood, senior property development manager at TfL, said: “We’re incredibly excited to announce the completion of our first joint venture housing development. Working with Barratt London and L&Q, as well as Waltham Forest Council, we are proud to have delivered 350 new homes – which the capital urgently needs – as well as improvements for the local community.

“This marks a significant milestone in our wider development programme, which will see us use our land to deliver thousands of new homes, while raising vital revenue that will reduce TfL’s reliance on fares income. 

“We’re thrilled to be continuing our partnership with Barratt London, tackling the housing shortage together, both at Wembley Park Gardens - with work having started on more than 450 new homes - and Acton.”