It has recently been reported in the Islington Gazette that the area behind Finsbury Park Station, between Fonthill Road and Wells Terrace is about to be 'regenerated' with a £220 million development.
If you fancy having an apartment in one of the two [iconic] towers with views over Finsbury Park then expect to shelve out between £632,000 and £1.5million. The beauty of it is you will have underground parking for the car you use to get out of London at the weekends, and immediate access to the 120,000 sqft of retail and restaurant space below meaning you won't have to go outside and mix with or relate to the people who actually live in the area.
Apparently the architects, Benson and Forsyth, won 'Housing Project of the Year 2014', at The Sunday Times’ British Home Awards before the build had even commenced. Who judges these things? Probably the same people who gave the go-ahead to The Pointy Thing and The Dubaiification of Nine Elms.
I was a little concerned that this would mean the demolition of the old Royal Mail building in nearby Goodwin Street, but having checked it seems the area for the new development falls just short of it.
As you can see from the pics above this lovely, solid, functional building of red London Stocks is now 110 years old. At the moment area around it is being run as a private car park by a very nice Albanian fella who, when I chatted to him, turns out to also be rather concerned about what the City North development will mean to the area. After all, this is only a stone's throw from a road once considered "the worst street in London" which was completely demolished in the 1950s and replaced with a large council estate. We discussed the possibility of a "them and us / haves and have nots" situation as Finsbury Park has never been an area for millionaires (though a million doesn't really get you that much these days).
Across the road from the Post Office building is a small locals cafe and just two survivors from the 19th century that are currently being braced by metal. I hope these can be rejuvenated.
The view shown is looking north from Endymion Road across to Fonthill Road. The white building on the left is the Astoria/Odeon/Rainbow.
Read more about the Finsbury Park development plans in City North's online brochure.