More land has been acquired to provide “vital space” for a film hub that promises to bring "world class talent".
A ‘creative quarter’ comprising a studio, education centre for filming and new home will be built on the site of the Holmes Road Depot and the Regis Road Recycling Centre in Regis Road, Kentish Town.
Real estate investment firm Yoo Capital says the hub will provide hundreds of new homes and thousands of jobs – building British creative industries and attracting “world-class talent” to the capital.
An additional 3.8 acres - around the size of 3.5 football pitches - has now been purchased, following Yoo Capital’s announcement about the project last April.
Camden Council said the area has the potential to become a "new hub" for creative film in central London with facilities for live broadcasting, studio filming, postproduction and audience viewing.
Cllr Danny Beales, cabinet member for new homes, jobs and community investment, said: “We’re pleased that Yoo Capital has secured this land, which is a key part of the Regis Road Growth Area, and will help move forward delivery of the Camden Film Quarter.
“It’s great to see that Yoo Capital are soon to lead work on the masterplan vision for the area to bring local jobs, creative spaces, and much-needed homes to this area, and we look forward to them working with residents on the vision.”
Yoo Capital added that it has committed to leading ongoing discussions and forums with local landowners and the wider community of Kentish Town and Camden regarding a masterplan vision that will ensure Camden Film Quarter is integrated and well-connected with surrounding neighbourhoods.
The zero emissions neighbourhood would also create new green and open spaces with better connections from Kentish Town to Gospel Oak.
Managing partner Lloyd Lee said: “This investment represents another significant step on the path to realising a world-class destination for film, television, and digital content production in Camden, a move that would supercharge the UK’s creative industry.
“At Yoo Capital we are looking forward to working closely and collaboratively with Camden Council, and consulting with local residents, local businesses and community groups to deliver Camden Film Quarter.”
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