- Sector: Construction
- Region: London
Founded in 1995 and based in London, Londonewcastle creates developments in the capital for the design-conscious, delivering homes for private sale and affordable use. Ten years ago, Londonewcastle started its Arts Programme. This aims to bring London’s creative community and its vacant spaces together, giving artists a place to showcase their work.
“We currently operate Gallery 46 in Whitechapel with an ever-changing roster of artists exhibiting, and Nomadic Gardens in Brick Lane, home to 100 allotment spaces, sculptors, artists and bee keepers. There’s a real sense of community, where people from all walks of life collide,” says David Barnett, co-founder and CEO.
Londonewcastle’s work spans 11 London boroughs, with 455 homes across four projects currently under construction, including the restoration of a brutalist listed building in Poplar. In the pipeline over the next 10 years, David says there will be 2,786 units and 362,500 sq ft of commercial space in production.
The property industry is in a state of flux, according to David. “Our industry is undergoing its biggest ever change as a response to shifting attitudes amongst the younger generation towards home ownership. As with a lot of businesses established over the last century, real estate is seeing the impact of a generation that doesn’t prioritise ownership,” he says.
Beyond property and art, Londonewcastle has a charitable arm. In 2018, it established the Londonewcastle Charitable Foundation with the aim of helping disadvantaged communities across the world. “On Boxing Day 2018, nine of the team travelled out to the Thai/Myanmar border for our first ever project. We helped to build two classrooms, a water filtration unit and a fully equipped medical centre in a disadvantaged Myanmarese community,” David says.