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£1.6bn South London estate rebuild approved

Housing association Metropolitan has gained qualified planning for plans to build more than 2,500 homes, a new central park and a community hub with shops and community facilities at Clapham Park in south London.

£1.6bn South London estate rebuild approved

The approval is subject to the resolution of a section 106 agreement, which is expected to be completed in the coming weeks. Once secured work on site is expected to start towards the end of this year.

The latest wholesale £1.6bn regeneration scheme will double number of homes on the estate to 4,080, with 53% of them affordable – a combination of social and affordable rents, as well as homes for shared ownership and shared equity. Metropolitan’s planning application includes a new central park and community hub with shops and community facilities.

£1.6bn South London estate rebuild approved

The wider Clapham Park estate area will be split in six distinct sites (A to F) and delivered in 13 building phase between 2018-2031.

Geeta Nanda, Chief Executive of Metropolitan, said:

“The planning committee approval is very positive news for the residents and our partners in this long-term project. We all want Clapham Park to be a revitalised, thriving and affordable area that local people will feel proud to call home. We now have approval for our new development proposal which I believe will enable us to achieve that.

“We see our responsibility at Clapham Park as not only to deliver quality new homes, but also to support and invest in the community. Our team on the ground continues to provide sustainable social benefits for residents, such as employment and training opportunities, and money management support – as well as study support sessions for younger residents.”

In the meantime, work planned under Metropolitan’s original masterplan for Clapham Park continues with the construction of an interim community centre. This new multi-use space will provide residents with use of a large hall, a community kitchen, meeting rooms, IT suite and outdoor space. The centre is scheduled to open towards the end of the summer and will be a resource for the whole community.

Source: Construction Enquirer

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Posted: 16/03/2018