News

Tycoon’s £1bn Docklands flats scheme approved at third attempt

Newspaper tycoon Richard Desmond has gained planning at the third attempt to redevelop his former Isle of Dogs printworks site in London with a vast luxury flats scheme.

 

 

The 1,360-home Millwall outer dock waterfront plan will see the comprehensive redevelopment of the 6.15 hectare brownfield site, formerly occupied by his Northern & Shell publishing company’s Westferry Printworks.

Latest plans for the mixed-development have been scaled down slightly while around a third of the homes will now be affordable.

Thirteen buildings ranging from 4 to 31 storeys will be constructed in four phases over a total eight-year building programme.

The scheme also includes a 1,200-place secondary school, a rejuvenated dock front, over 2 hectares of public open space together with ground-floor shops, restaurants, community centre and workspaces.

The approval comes nine years after the controversial redevelopment was first submitted for planning to the Borough of Tower Hamlets.

The council previously turned down two planning applications for the site, with the latter submission called in by Government.

Then former housing secretary Robert Jenrick decided to give consent, overruling the Government’s own planning inspector’s decision to reject the scheme.

It was later revealed that Northern & Shell had donated £12,000 to the Tory Party two weeks after Jenrick gave the plans the green light.

The Conservative government later quashed this decision, stating that the plans would have caused harm to the surrounding area.

The professional team includes Mace as development manager, designs by architect PLP and MEP engineer Aecom with WSP acting as civil and structural engineer.

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Site acquired for £275m Brent Cross Town student scheme

Developer Fusion Group and global alternative investment manager Cheyne Capital have jointly acquired a second site for a £275m purpose-built student accommodation scheme in Brent Cross Town.

 

 

The 180-acre Brent Cross Town site is an £8bn mixed-use development in north London being delivered by Related Argent and Barnet Council which, when complete, will comprise 6,700 new homes, workspace for 25,000 people, schools, a high street, leisure spaces and over 50 acres of parks and playing fields.

The £275m student accommodation scheme will deliver 650 student beds with a planning application set to be submitted by the end of this year.

It will include expansive study areas, a digital competitive gaming zone where residents can play virtual sports including football, padel and tennis, as well as a health kitchen that includes a zero-waste shop, private dining, a yoga studio, a herb garden and relaxation pods.

It will be the seventh development on which Fusion and Cheyne have partnered and their second in Brent Cross Town.

Julian Evans, Land and Planning Director at Fusion Group, said: “Brent Cross Town is London’s most exciting new neighbourhood.

“As we continue our community engagement to ensure we can best contribute to the vibrancy of this neighbourhood, we’ll bring our decades of experience of developing residential assets in urban regenerations across the country to deliver another best-in-class student scheme as part of the town.”

Hamish Gordon of Cheyne Real Estate, added: “The student housing market continues to be driven by considerable demand, with a growing need for high-quality and well-located developments across the UK and particularly in London.”

Confirmation of Fusion’s second development continues the significant progress being made at Brent Cross Town, where seven buildings are under construction with the first residents moving into the town later this year.

The first office building, 3 Copper Square, is underway and will be completed in 2026. In total, over 930 homes, including affordable, market sale, and rental homes are on-site, alongside the first 662 student rooms in partnership with Fusion and Cheyne.

The first permanent public park, Claremont Park, opened in June 2022 and Brent Cross West mainline station, which opened in December 2023, connects with St Pancras International in as little as 12 minutes.

Brent Cross Town already boasts a selection of local retail and leisure offerings, and Sheffield Hallam University will open its first campus outside Sheffield at Brent Cross Town.

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Bellway walks away from Crest Nicholson takeover bid

Bellway has decided not to launch a £720m takeover of Crest Nicholson despite months of negotiations with its smaller rival.

Both sides have been in discussions since May with an opening £650m offer rejected by Crest Nicholson.

But Crest Nicholson directors indicated last month they “were minded to recommend”an improved £720m offer.

But Bellway suddenly announced on Tuesday that “it does not intend to make a firm offer for Crest Nicholson.”

The brief Stock Exchange announcement added: “As noted in its trading update released on 9 August 2024, Bellway remains confident that its robust balance sheet and operational strength, combined with the depth and quality of its land bank, will enable Bellway to deliver volume growth in the years ahead and support ongoing value creation for shareholders.”

Crest Nicholson said: “The Board of Crest Nicholson had engaged with Bellway in relation to a possible all-share offer for Crest Nicholson in response to a series of unsolicited proposals from Bellway.

“As outlined in its half year results on 13 June 2024 for the period ended 30 April 2024, Crest Nicholson remains confident in its standalone prospects, in particular given conclusion of the review of provisions for completed development sites supported by external consultants, its highly attractive land portfolio and the new leadership of Martyn Clark.”

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John Lewis to build first housing project in London

The John Lewis Partnership has got the green light to transform a Waitrose site in South London with 353 new rental homes above a modernised store.

 

Assael Architecture designed the project
Assael Architecture designed the project

 

The London Borough of Bromley agreed the plan, which will see a 24 storey tower built containing build to rent homes for local people.

It is the first time that the John Lewis Partnership department store company has gone into residential housing development, as it seeks to diversify away from its traditional shops and retail business.

Plans also feature new public green spaces, a cafe and amenity spaces for local community groups.

The site sits next to Bromley South Rail Station in the town centre and at the intersection of major roads.

Investment firm abrdn is working with John Lewis in a £500m joint venture to deliver around 1,000 new homes across three local communities, including the Bromley project.

James Dunne, head of operational real estate at investor abrdn, said: “Well designed and professionally managed rental homes are a vital component in helping to solve the UK’s housing needs.

“Build-to-rent on brownfield sites such as this can also act as an anchor for town centre regeneration and wider community investment. We look forward to continuing working closely with JLP to move forward with our strategy.”

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Unite buys London site to fast-track 444-bed student scheme

Student rooms developer Unite has bought a site in south London with planning already in place to fast-track  a 444-bed scheme.

 

Architect Morris and Co designed the King's Place scheme
Architect Morris and Co designed the King’s Place scheme

 

The move swells Unite Students’ London development pipeline which now totals 3,200 beds for delivery over the next five years at a cost of over £800m.

Unite said it would start demolition shortly to advance the latest Borough High Street scheme in Southwark, known as King’s Place.

Thye site was formerly owned by Southwark Homes which brought in Sellar as development manager a year ago to advance a student accommodation project replacing earlier plans for a hotel and flats at the Harper Road and Borough High Street site.

Architect Morris and Co has designed the replacement scheme, which will be spread over an H-shaped footprint building rising from 5 to 11 storeys.

The project will include 308 studio flats and 136 en-suite rooms in cluster flats for students, eight key worker residential apartments and a further 18,000 sq ft of workspace accommodation.

Building will rise to 11 storeys

Under the fast-track development plan the project will be ready for occupation in the 2027/28 academic year.

Tom Brewerton, Group Development Director at Unite Students, said: “We are delighted with the acquisition of Kings Place; a high-quality development in a central London location close to a range of London’s leading universities and Borough Underground Station.

“Unite Students is leading the purpose-built student accommodation sector and this new acquisition is an exciting development. The site benefits from full planning permission so allows us to start demolition soon.”

The project will be located on a one-acre site fronting Newington Causeway and Borough High Street.

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Regal London to start Wembley 1000-bed student scheme

Developer Regal London has sealed financing to start construction of a near 1,000-bed student accommodation scheme close to Wembley Stadium in London.

 

Planned high-rise schemes along Wembley High Road with Wembley Greenaway towers (pictured centre)
Planned high-rise schemes along Wembley High Road with Wembley Greenaway towers (pictured centre)

 

Building work now is expected to begin at the end of this year to welcome the first students at the start of the academic year 2027/28.

Regal’s in-house construction arm Regal Construction will manage the  programme to construct two buildings rising to 20 and 22 storeys on railway land parallel to Wembley High Road.

The Wembley Greenaway student scheme is being backed by Cheyne Capital and has been designed by architect JTP, with Wallace Whittle providing M&E design.

The two buildings will be linked by a single storey podium

The project will be targeting BREEAM ‘Excellent’ and an EPC rating of A and will seek to be among the first purpose-built student accommodation projects in the UK to be WELL Platinum Certified.

Hamish Gordon of Cheyne Real Estate said: “We are delighted to be partnering with Regal again for one of the largest PBSA developments in London.

“The development will provide an elevated living experience to students within a short distance of London’s leading universities.”

Marc Eden of Regal added: “We pride ourselves on our long-term partnerships, and to be working with Cheyne on our sixth collaboration is a fantastic milestone.”

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£330m south east London 1,250 homes scheme approved

London developer Aitch Group has secured outline planning consent for a £330m scheme to transform a former industrial site into a 1,250-home community in south east London

 

On the edge of Belvedere, the New Belvedere project is designed to create a new neighbourhood
On the edge of Belvedere, the New Belvedere project is designed to create a new neighbourhood

 

Its landmark New Belvedere scheme has been designed by architect PRP and will create a new community in the London Borough of Bexley.

The New Belvedere project will feature a variety of housing types across a cluster of around 20 blocks ranging from 2-8 storeys.

The scheme includes a mix of affordable and family-sized homes, with private amenities for each residence and secure communal gardens.

New Belvedere will kick start the regeneration of an under-utilised industrial site to deliver new homes and a new community hub for Bexley

Additionally, the development will deliver over one hectare of new green open space, a public square with over 500 sq m for commercial or community use, and upgraded pedestrian links to Belvedere Station and throughout the neighbourhood.

Laurence Quail, managing director at Aitch Group said: “We are delighted to have secured outline planning consent for the New Belvedere project, which underscores our commitment to delivering transformative developments that resonate with the needs and aspirations of local communities.

“This project represents a significant opportunity to revitalise the area, providing much-needed housing, community facilities, and economic stimulus.”

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Concrete frame problems cost Barratt another £130m

House builder Barratt has set aside another £192m to cope with legacy building problems.

Citiscape building in Croydon where concrete defects were first uncovered

The extra costs include £130m for further work to “developments previously identified as potentially requiring remediation work, which have been previously disclosed. ”

Barratt conducted a review of completed reinforced concrete frame buildings after design defects were discovered at its Citiscape project in Croydon, south London.

It said the work “relates to the remediation of two developments in London.”

A further £62m was also set aside for extra fire safety work in relation to the Government’s Building Safety Fund.

The latest provisions were revealed in a trading update for the year ended 30 June 2024.

Barratt is currently waiting approval from the CMA for its merger with Redrow which has cost £23m to organise.

Total housing completions during the year dipped to 14,004 from 17,206.

Build cost inflation was running at 5% during the year but Barratt expects that to drop with costs flat this year.

David Thomas, Chief Executive, said: “During another year of economic and political uncertainty, we have delivered a strong operational performance, reflecting the exceptional work of our employees, subcontractors and suppliers, and their commitment to delivering high quality homes that people want to live in.

“Whilst we continue to navigate a challenging macroeconomic backdrop, we are delivering industry leading build quality, sustainability and customer service. Combined with the strength of our balance sheet, this has ensured we remain resilient and responsive through the cycle.

“Looking ahead, we are pleased that the proposed combination with Redrow was strongly supported by both sets of shareholders in the Spring and, subject to the CMA’s approval, we look forward to bringing together two businesses to create an exceptional UK housebuilder ensuring we are well-positioned for the future.”

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Go-ahead for 2,100 homes at world’s largest Victorian gasworks

Developer Berkeley Group’s St William division has got the planning green light to restore the UK’s largest surviving cluster of Victorian gas holders to create 2,100 new homes within the heritage site.

The Bromley by Bow Gasworks site in east London comprises seven disused Grade II listed gasholders.

Seven gasholder frames will contain 10-storey blocks with six extra 15-20 storeys cylindrical buildings surrounding

Under plans drawn up by architect RSHP, these will be restored to incorporate many of the new homes within the cast iron structures.

The remaining homes will be built in higher rise surrounding cylindrical buildings echoing the gas holder homes.

A Section 106 legal agreement has to be finalised with London’s Newham Council, before work can begin on site in 2025.

St William’s ambitious scheme will involve a hefty upfront investment with the cost of temporary disassembly and restoration of the seven listed gasholders put at £80m alone.

The site is home to 7 of the last 19 listed gasholder remaining in the UK

This is before largely unquantifiable decontamination, enabling and ground remediation costs on the 9 hectare site.

Structural steel engineering specialists Craddys and Shepley have been closely involved in drawing up plans to reuse the cast iron gas holder structures, built between 1870 and 1882 for a cost of £300,000.

Both firms were previously involved in the project to dismantle, refurbish and re-erect the Gasholder No.8 guide frame at Kings Cross as well as the refurbishment and re-erection of the Kings Cross Triplets Gasholders.

St William submitted a hybrid planning application for the site, which also include the remains of two gas holders destroyed by the Luftwaffe in the second World War.

New lake at centre of the site where gasholder once stood before being destroyed

These will turned into a central circular lake and a community space covered with one of the gas holder iron frames.

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Ballymore’s Stratford Waterfront resi towers approved

London Legacy Development Corporation and Ballymore have secured detailed planning for 700 flats in a quartet of towers next to the new V&A East Museum building on Stratford Waterfront in East London.

 

 

Designed by Howells alongside O’Donnell+Tuomey and LDA Design, the family of four blocks of flats will rise to 27 storeys.

Set within Queen Elizabeth Olympic Park, the plans also include commercial space at ground level, as well as over 4,000 sq m of public open space that will prioritise biodiversity and play.

Construction is anticipated to start in Spring 2026, with completion expected in late 2029 with 35% of the homes rated affordable.

At the most northern part of the site, a marker building known as the ‘Prow’ (pictured above) has been designed by O’Donnell+Tuomey, who have also designed the neighbouring V&A East and Sadler’s Wells East.

The three mid-block buildings of Stratford Waterfront, designed by Howells, feature strong textured masonry bands that connect them to their East Bank neighbours.

At ground level, the scheme will offer multiple café and restaurant options alongside a south-facing waterfront promenade with views into Queen Elizabeth Olympic Park

Simon Ryan, development director at Ballymore, said: “East Bank is transforming Queen Elizabeth Olympic Park with the most ambitious cultural project in a generation.

“With the London College of Fashion, UAL and UCL East already open, Sadler’s Wells East will follow later this year with V&A East, and BBC Music Studios soon after.

“So, this site demanded new homes of design excellence – in keeping with the bar that has already been set by our cultural and academic partners and neighbours and the site’s most incredible setting by the water and on the park.

“It’s fantastic to have the green light so detailed design work can commence with a view to beginning construction in early 2026.”

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