Osborne bags Hackney Homes Development Contract

Osborne has been appointed to build 18 new homes for Hackney Council, taking on six apprentices as well as a minimum of a quarter of its workforce from the borough.

Osborne will construct 14 shared ownership and four market sale homes, to help pay for the £5.6million development, expected to start within weeks at the cleared site in Reading Lane. 

The contract with Osborne requires six apprentices from Hackney be taken on, and that a minimum of a quarter of the company’s workforce be drawn from the borough, through the Council’s Ways into Work scheme.

The shared ownership homes, designed by Karakusevic Carson Architects, will be made up of five one-bedroom, seven two-bedroom, and two three-bedroom properties, and will be managed by Hackney Homes and marketed when built to local residents.

Cllr Philip Glanville, Cabinet Member for Housing, said: “Hackney Council has pledged to provide new homes for residents, and this means that as well as building hundreds of new Council homes for social renting on estates, we are also providing for people trapped between rocketing rents and high house prices.”

The development at the site is part of Hackney Council’s borough-wide, 2,760-home housing regeneration programme for building homes for social renting, shared ownership, and private sale to help pay for the works.