Plans for new residential towers in Shoreditch have gained preliminary approval from City Hall. This scheme proposes constructing two buildings near Brick Lane: a twelve-storey co-living block with 220 studio flats featuring communal amenities, and a ten-storey building with 25 socially rented homes. Developers argue this initiative is essential due to London's housing crisis, which has pushed many into subpar private rental situations. The project aims to offer high-quality, purpose-built shared living environments to alleviate the current housing shortages, especially for those seeking affordable options in a bustling urban area.
Developers assert that London’s housing crisis necessitates alternatives to the private rented sector, which often offers poor quality accommodations, promoting co-living as a viable solution.
The proposed towers consist of a twelve-storey co-living block with 220 units and a ten-storey building offering 25 affordable social homes to tackle housing needs.
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