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industry news Southmere Village


• 525 new homes • New public lakeside square • New neighbourhood square with play facilities for the community


• Library, cafes, convenience store, community facilities


• Hard and soft landscapes, outdoor activity spaces


Coralline Walk


• Soft and hard landscaping • A thriving new pedestrian and cycling route linking Abbey Wood station and Southmere Lake


• Cafes, community uses and flexible workspace to cater for a range of users


Peabody to build over 1,500 homes in south east London


P


eabody has been granted permission to build more than 1,500 new homes in South Thamesmead in London.


The project will mark the first substantial


development in Thamesmead since Peabody acquired land there in 2014 and is one of the largest residential schemes approved in the capital this year. The development will be built in four


phases, with the first due to start in 2017, and the final phase anticipated to be complete in 2024. The housing association will first create


Southmere Village, which will deliver 525 new homes – around 230 of which will be affordable – a new library and nearly 40,000 ft2 of commercial space offering cafes, retail and local enterprise spaces. The development will be centred around a new public square on the banks of Southmere Lake and will act as a vibrant new space for a range of outdoor activities. Future phases for Binsey Walk, Coralline


Walk and Sedgemere Road will deliver around 1,000 new homes and substantial public realm improvements. These spaces will be linked by a new pedestrian and cycling route between Abbey Wood train station and Southmere Lake. The neighbourhood will be connected to central London from the Abbey Wood station


via Crossrail, now known as the Elizabeth line, which will open in December 2018.


‘Huge Milestone’


Peabody’s executive director for Thamesmead, John Lewis, commented: “This is a huge milestone in the regeneration of Thamesmead. As well as creating much needed, quality new homes, the development will create thousands of new jobs and will attract new businesses too. This is just the start of our commitment to Thamesmead and its residents at what is a really exciting time, with the Elizabeth line opening at Abbey Wood station in December 2018 and the DLR extending to Thamesmead in the next 10 years. “Thamesmead will be better connected,


opening up new opportunities to residents and to businesses looking to invest. We hope this will be the catalyst for Thamesmead fulfilling its promise as London’s new town.” Cllr Teresa O’Neill OBE, Leader of the


London Borough of Bexley said: “After many years of joint working, I am delighted that Thamesmead has reached such an important milestone in its history. We know that London faces significant housing pressures and are committed to being part of a future that makes quality places where people choose to live and work.”


Sedgemere Road


• A welcoming new gateway to and from Abbey Wood station centred around a new arrival square


• More than 200 new homes • offices • Retail • Cafés • Job opportunities


“Future phases for Binsey Walk, Coralline Walk and Sedgemere Road will deliver around 1,000 new homes and substantial public realm improvements. These spaces will be linked by a new pedestrian and cycling route between Abbey Wood train station and Southmere Lake”


www.housingmmonline.co.uk | HMM November 2016 | 21


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