Over 400 new homes to be built in South London regeneration project
Hundreds of homes are set to be built in south London in a new housing development project.
Lambeth Council has approved plans for a 441 home development as part of the borough’s regeneration.
The approval remains subject to a finalised planning agreement.
Bellway London Partnerships and The Riverside Group are to deliver the one, two, three and four-bedroom homes at the development at Geoffrey Close Estate, off Flaxman Road.
The joint venture, which was given the green light by unanimous approval by members of Lambeth Council’s planning committee, will include the provision of 135 homes for social rent, a further 62 affordable homes for London Living Rent or shared ownership, and 244 private homes.
The regeneration scheme includes the demolition of existing buildings at Geoffrey Close, York Close and Canterbury Close and the construction of six new buildings at the site, ranging in height from five to 13 storeys.
Bill Kenneally, regional director of Bellway London Partnerships, said: “Now that plans have been approved by councillors, we can take the next steps in our plans for this exciting project.
“Riverside Group and Bellway London Partnerships have liaised closely with Lambeth Council and the Greater London Authority (GLA) to formulate a plan to regenerate the estate and improve the lives of residents living there.
“The residents are the most important people in this process and our consultation with them revealed that the majority were in favour of the initiative. Existing residents will only be asked to move from their current homes once the new ones are ready to be occupied, ensuring a single decant approach to the scheme.”
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