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Historic North London Industrial District Acquired for £33.8m

Change is afoot in London as General Projects and the Waterfront Studios Limited Partnership reveal their plans to transform a former industrial district in Haringey, North London.

Acquired for £33.8 million, the two developers aim to transform a 3.5-acre mixed-use campus in the heart of the Haringey Warehouse District that includes 90,000 sq ft of former warehousing and factory spaces, alongside 41 loft apartments and a 1.5-acre vacant development site.

The existing campus – known as Florentia Clothing Village, was established over 35 years ago as a hub for small businesses in the garment industry. It has continually evolved into a local hub for entrepreneurs and is now home to over 40 local businesses crafting products that span textiles, furniture, clothing, food, bicycles, and consumer products.

In a statement shared with Commercial People, General Projects stated that they have plans to “enhance and grow the existing community, delivering one of London’s largest hubs for creative SME businesses.”

Over the next 12 months, General Projects will bring forward a planning application for a 100,000 sq ft extension on the vacant land to double the size of the campus, aiming to create a cluster of over 150 like-minded independent creative design and manufacturing businesses.

Commenting on the project, Jacob Loftus, General Projects CEO, said: “Affordable, fit for purpose, creative industrial spaces in London have been increasingly disappearing over the past 15 years, putting immense pressure on independent businesses in the design and manufacturing industries.

“Over the past 30 years Florentia has been home to a thriving cluster of fashion-based businesses, we are honoured to take over the custodianship of this wonderful hidden gem, and are excited to expand the complex to become London’s biggest hub for SME maker businesses – establishing a new benchmark for modern, design led, creator-spaces.”

General Projects states that the existing heritage buildings – which date from 1930, will be retained and modernised. The developer is also keen to point out that the current community based have been consulted on the acquisition and will be retained and supported through the transition.

Sitting north of the recently regenerated Woodberry Down project and a short walk from Manor House tube station, The Haringey Warehouse District, also known locally as Manor House Warehouses, is part of the Tottenham Creative Enterprise Zone.

General Project’s plans involve no change of use and aim to enhance and grow the existing community and makers and creative industries.

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