HS2 Ltd buys new homes for Camden residents facing house demolition
HS2 Ltd bought up 70 new flats - Credit: Archant
Half of all Camden residents who have houses earmarked for demolition as part of the construction of the High Speed 2 (HS2) rail link have been found new homes - allaying fears they would have to leave the borough.
Half of all Camden residents who have houses earmarked for demolition as part of the construction of the High Speed 2 (HS2) rail link have been found new homes - allaying fears they would have to leave the borough.
A £45.7million deal between HS2 Ltd and Camden Council will see a newly built council-owned development of 70 flats in Netley Street, Euston, bought up by the government’s HS2 company.
The council was going to sell the flats to the private sector, but instead residents in areas earmarked for demolition, such as the Regent’s Park Estate, will be offered the housing.
The money will be used to fund the redevelopment of Netley School in Euston, invest in new council housing and other community projects.
Leader of Camden Council, Cllr Sarah Hayward, said: “Camden has secured this deal to make sure that if HS2 does go ahead, residents who lose their homes will receive high quality replacement housing in a similar area.
“This comes at no extra cost to the community or our house-building programme.”
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The council says it will continue to negotiate with HS2 Ltd to secure further replacement homes for the remaining tenants displaced by the scheme.
The deal, announced on Wednesday, came the same day the High Court dismissed a judicial review into the HS2 project.
Opposition group HS2 Action Alliance Ltd and Hillingdon Council had approached the court claiming the government had failed to carry out specific environmental assessments during the planning of the scheme.
Mr Justice Lindblom concluded the department for transport was “not required” to undertake the assessments.
