Countryside and London’s Kingston Council have received planning approval for the wholesale regeneration of the 830-flat Cambridge Road Estate built in the 60s and 70s.

How the rebuilt Cambridge Road Estate will look

The vast estate rebuild in Kingston, south west London, is expected to cost £485m to deliver over the 11-year programme.

The joint venture partners have now gained outline planning for the mixed-use regeneration masterplan, comprising 2,170 homes in a mix of flats, maisonettes and houses of various sizes, with 45% affordable.

A detailed planning application has also been approved for Phase 1 of the estate rebuild, which will comprise 452 homes.

Daniel King, Managing Director, West London & Thames Valley, Countryside, said: “Following the widespread support for our Cambridge Road Estate regeneration in the residents’ ballot, we are proud that our masterplan has been approved.

“We have put the community at the heart of these plans and so we are truly excited to begin delivering this vision. ”

Block will rise to a maximum height of 12 floors

Cllr Emily Davey, Housing Portfolio Holder for Housing, Kingston Council, said: “The plans were drawn up with residents who are at the heart of this development.  In the residents’ ballot, on an 86% turnout, 73% of the residents said they wanted the estate rebuilt. Now we can put the residents’ call for change into action.

“This project will deliver a boost for Kingston. It puts us on the path to delivering on our priorities to tackle climate change and increase the number of affordable homes, new jobs and apprenticeship opportunities in the borough.”

At the end of the build, the scheme is expected to have a development value of around £816m.

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Lendlease and Canada Pension Plan Investment Board (CPP Investments) have formed a new 50/50 joint venture to develop  a new £1.5bn office-led neighbourhood at International Quarter London (IQL).

The partnership has initially committed to developing the £215m Turing Building where construction will start early this year.

The Turing Building is one of four major new office blocks planned for IQL across a total development area of 1.6m square feet.

IQL is located at the gateway of the Queen Elizabeth Olympic Park and is already home to institutions including Transport for London, Cancer Research UK, the British Council and Unicef.

Bek Seeley, Lendlease Managing Director, Development, Europe, said: “Following a challenging year, with Covid-19 bringing uncertainty to economies across the globe, this deal is a real vote of confidence in future workplaces and London’s office market more broadly. T

“he Turing Building will bring market-leading, flexible workspace to Stratford, sitting alongside cultural heavyweights East Bank, UCL and Here East.

“Sustainability and innovation are at the core of everything we do, and we will be working closely with CPP Investments, and other partners, to develop spaces at IQL where businesses can collaborate, create and grow, surrounded by 560 acres of parkland and waterways.”

Tom Jackson, Managing Director, Head of U.K. Real Estate, CPP Investments said: “Stratford is one of the city’s fastest growing sub-markets, with fantastic transport links, over 500 acres of green space, Olympic quality sports facilities and growing culture, leisure and higher education facilities.

“IQL’s supply of Grade A office space with strong sustainability credentials, will help service current and growing tenant demand for this sub-market. Our partnership with Lendlease forms part of our strategy to align with best-in-class delivery partners and our wider commitment to deliver steady, long-term returns for CPP contributors and beneficiaries.”

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