Appointed by the London Borough of Waltham Forest as part of a multidisciplinary team led by Haworth Tompkins, Newsteer provided property and viability advice to inform a Vision Framework for the future of the Lea Bridge Strategic Industrial Land.
The client’s challenge
The Borough needed a clear, evidence-based vision for the future of the SIL, balancing good placemaking with the need to understand whether industrial intensification or industrial co-location offered the most appropriate route forward.
Our solution
Newsteer prepared property advice and viability appraisals, comparing development value with Existing Use Value and modelling a range of scenarios at different densities and affordable housing levels. This tested the potential for residential co-location against multi-level industrial development.
Beyond advice: how we added value
By combining property, valuation and viability expertise with the wider design and placemaking work, Newsteer helped turn different development scenarios into comparable commercial evidence, giving the multidisciplinary team a clearer basis for assessing what could realistically be delivered.
Outcomes and impact
The modelling provided the evidence needed to compare industrial intensification and co-location options, helping inform the emerging Vision Framework and the future strategy for Lea Bridge SIL.
