UK: Coliving brand The Collective has received a resolution to grant planning permission for a 300-room scheme in Walthamstow, north-east London.
Located on the site of the former Standard music venue opposite Blackhorse Road Underground station, which has been vacant since 2011, the scheme would comprise a 350-person capacity cultural and music venue.
It would also feature a public café, bar and restaurant, 300 coliving rooms, a wide range of communal spaces, coworking and a curated events programme. The developer hopes to complete the nine-storey, 140,000 square foot project in 2023.
James Penfold, global corporate affairs director at The Collective, said: “The Collective’s vision for Blackhorse Road ensures that a world class cultural venue is now secured as part of this famous site’s future. The Collective is a long-term operator and stakeholder in the community. This means we desire to be transformational, rather than transactional, with the neighbourhood because we have a long-term stake in creating a synergistic relationship with the local community,” he said.
Waltham Forest Council’s cabinet member for economic regeneration and housing development, councillor Simon Miller said: “As the first London Borough of Culture we said we would create a lasting legacy and this development by The Collective is part of that commitment. Taking a music venue that has been empty for nearly a decade and turning it into a thriving cultural hub along with 300 homes where people can live at the heart of the Blackhorse Lane area shows a strong commitment to Waltham Forest by creating jobs and instilling confidence in our future,” said Miller.