Landsec completes Westminster affordable residential scheme

Landsec has completed its latest affordable homes scheme in the heart of Soho, central London.

The project saw the refurbishment of an existing property on Wardour Street — which Landsec purchased in June 2018 to provide affordable housing for its office-led development, Lucent — into eight one-bedroom homes for intermediate rent.

Dolphin Living will now take control of the site, having purchased the long leasehold last year.

David Heaford, managing director for development at Landsec, said: “Through our development pipeline, we’re focused on creating inclusive spaces that make a positive contribution to the communities they serve.

“Thanks to our partnership with Dolphin Living, we’re able to bring much-needed affordable housing to the Westminster area as part of our Lucent development. 

“This is the second affordable housing scheme we’ve created in the borough, both of which add significant value to the local community and the capital’s long term success.” 

Olivia Harris, chief executive at Dolphin Living, added: “Partnering with Landsec has allowed us to create much-needed intermediate rental housing in the central London district of Soho, which is in short supply. 

“There is significant demand for intermediate housing to rent and delivering inclusive and affordable spaces is crucial to attracting and retaining workers in high residential value areas.”

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