Hackney Wick co-living scheme given go-ahead

Mitheridge Capital Management and Halcyon Development Partners have received approval from the London Legacy Development Corporation for a 337-bed co-living development in Hackney Wick. The development located at 115-119 Wallis Road, E9, currently accommodates three warehouses. Mitheridge and Halcyon will redevelop the site, which will also provide amenities such as workspace, a café and enhanced public realm. The Hackney Wick and Fish Island Creative Development Trust will operate part of the ground-floor commercial space. Mitheridge acquired the site into its second fund in 2023. Harry Manley, head of planning at Halcyon, said: “This is a significant milestone in our journey to bring co-living to Hackney Wick. This development will realise significant regeneration benefits for this important part of Hackney Wick, while providing future residents with an exemplary living experience in the most exciting neighbourhood in the capital. We can’t wait to get started.”  Robert Chevis, development director at Mitheridge, said: “We’re thrilled to be pressing ahead with this development, and grateful to the LLDC for their support. Bringing co-living to Wallis Road will deliver much-needed housing to one of London’s most sought after and vibrant communities.”