9th April 2021
One of our core strengths is our ability to identify emerging urban regeneration areas and to create quality residential and commercial environments that enhance the local community and the lives of the people within it.
But, what is urban regeneration?
Urban regeneration is the process of reversing the decline from Britain’s industrial and manufacturing economy, which left inner city areas with higher unemployment and poor housing. These areas undergo a process of redevelopment to drive further economic investment, creating jobs and improving the living environment.
As urban regeneration is the driving force behind the majority of investments we make, many of our buildings are steeped in English cultural heritage and we take great pride in their restoration and reintegration into the community. Here are some of our current developments:
Stamford Works, Dalston N16
Dalston has undergone much change in recent years and Stamford Works is one of Developland’s many buildings within the Hackney borough. This 24,000 sq ft former printworks factory was acquired in 2013 and has since been transformed into flexible workspace for 23 commercial tenants. We have maintained some of the building’s original features such as the old industrial external lift, which creates a great focal point in the community courtyard garden.
Dailley Building (formerly known as 230 Dalston Lane), Dalston E8
This building is in the process of a name change to pay homage to its former owner, Dailley and Co with the signage being restored as an original feature. Dailley and Co was established in 1899 and were manufacturers of food and household paperware such as doilies, serviettes and cake frills. Acquired by Developland in 2021, this industrial building is currently undergoing renovation works.
Hackney Wick Warehouse, Hackney Wick E9
Similar to Dalston, Hackney Wick has also experienced rapid regeneration in recent years and most of the area’s old commercial buildings have been converted to residential use. Hackney Wick Warehouse is an iconic 16,000 sq ft four-storey former Victorian book factory is one of the last period commercial buildings remaining in the area with B1-B8 use. The prominent building, which can be seen from Hackney Wick Station, was home to Central Books for 28 years before it was acquired by Developland in 2015. Developland secured a bar/restaurant establishment in the ground floor of the property and let the commercial space above to four prominent businesses, replicating its successful commercial scheme at Stamford Works in Dalston.
The Old Granary, Barking IG11
Another acquisition for Developland in the East End corridor is this stunning Grade II listed flour mill which dates back to the 1870s and overlooks the River Roding in Barking. It has now been transformed by award-winning architecture firm, Vine Architecture, into six residential apartments above A3/A4 commercial use on the ground floor. The stunning period conversion is now complete and fully let.
To find out about our latest acquisitions please visit the blog on our website.