A group of boaters, currently using private marinas, setting up co-operative residential moorings to create a secure and sustainable community.
The project will provide safe and secure moorings for up to 14 boats, and bring new life to the tidal Bow Creek, helping to revitalise the river, recognising the vital part it has played in the history of London.
As a co-operative, each boat will have a share in the ownership, management and responsibility for running the site. This will provide control over living and work arrangements and financial stability in contrast to the operation of commercial private marinas.
The project recently received planning permission from LB Newham, and is seeking capital funding to deliver the moorings infrastructure in an ecologically sustainable way.
How we’ve helped
The communityled.homes team supported negotiations with stakeholders to establish the project and group governance. We provided guidance on budgeting and clienting consultants needed to get vital approvals from various bodies, and carried out initial financial appraisals, and advised on strategy into planning.