Policy information sourced from the Waltham Forest Local Plan
32 Affordable Workspace
Affordable workspaces are workspaces which are provided at rents maintained below the market rate for that space, for a specific social, cultural, or economic development purpose, and secured in perpetuity or for a period of at least 15 years by legal agreement. The delivery of affordable workspaces will be required to be provided:
A. As part of the delivery of new employment floorspace of 1000sqm or greater in SIL, LSIS, BEA and in town centres, where viable;
B. As part of major mixed use developments in town centres, in Strategic Locations or as part of regeneration schemes, where viable;
C. On-site, with a payment in lieu to be sought where this is not possible.
For more information please see the Waltham Forest Local Plan