Wates Construction has signed a £70.9 million contract to build Anthology’s new Hoxton Press residential development.
The Hackney project will see Wates create two towers of 20 and 16 storeys, comprising 198 one and two-bedroom apartments and three-bedroom penthouses for private sale.
Designed by Karakusevic Carson Architects and David Chipperfield Architects, the new development will include a single storey basement car park, ancillary services and a ground-floor café in one of the towers.
The new development, which will overlook Shoreditch Park and Regents Canal, forms part of the ongoing regeneration of Hackney Council’s Colville Estate in Hoxton, which will also help fund investment in new council homes for social rent and shared ownership.
Building work has now commenced at Anthology Hoxton Press and completion of the two towers, Mono and Duo, is expected by summer 2018.
David Newey, Project Director for Anthology Hoxton Press said: “We are thrilled to be working in collaboration with Wates on the exciting regeneration of the Colville Estate. At Anthology, we put community into the heart of everything we do and with Wates’ support at Hoxton Press, we will be providing a community café for all local residents to enjoy.
“Hoxton is cemented as a key London destination for buyers, renters and tourists alike. By working with Wates, we are able to bring our vision to life with a development that sits in the heart of Hackney and has good travel connections, markets, shops and design studios just a stone’s throw away. Anthology will continue to work closely with Wates to deliver homes that provide the community with a location for creativity to flourish.”