Go-ahead for £600m south London high rise scheme

Aaron Morby 3 months ago
Share

Landowner Aviva Investors and leading London developer Galliard Homes have gained planning for a new £600m ‘town centre’ development on London’s Old Kent Road.

Cantium Retail Park scheme

The new development will involve construction of the Capital’s fourth tallest residential tower at 48-storeys, shops, offices and over 1,000 new homes.

Situated at 520 Old Kent Road, the 5-acre Cantium Retail Park scheme has been designed by local Southwark architectural practices – Brisac Gonzalez and Alan Camp Architects.

There will be four buildings rising to 37-storeys, two 11-storey and one of nine-storeys surrounding a central podium. The residential element of the buildings will be mixed tenure with separate cores for private sale, shared ownership and social-rented homes.

The new homes will include a mix of apartments, maisonettes, penthouses and townhouses, and 60,000 sq ft of offices, 24,000 sqft of retail space, 25,144 sqft of flexible space for restaurants, café, cinema and leisure premises and 6,415 sqft of space for cultural facilities such as a youth theatre or mini-opera house. The shops, restaurants and cafes are expected to create up to 580 new jobs.

The podium and one of the 11-storey buildings fronting onto the Old Kent Road will provide the majority of the development’s commercial floorspace, with 10 per cent of the space at discounted rent for start-up firms and small and medium-sized entreprises.

The new development will have a six-year construction programme. Existing Cantium Retail Park anchor tenants will be included in the development and the developers are holding discussions with other tenants about making provisions for them within the scheme.

Helen Rainsford, Senior Director at Aviva Investors said: “Aviva Investors is pleased planning consent has been granted for the regeneration of Cantium Retail Park.

“Working with Galliard Homes, we believe we can create a superb residential-led mixed-use development that will transform the site for the benefit of the local area.”

Stephen Conway, Executive Chairman of Galliard Homes said: “The regeneration of Cantium Retail Park will serve to kick-start the wider planned regeneration and transformation of the entire Old Kent Road into a vibrant new high quality commercial, retail and residential destination for South London.”

 

Latest news

Digger dropped down shaft at super sewer site

Two hurt as dropped digger crushes cherry picker during lifting accident
3 days ago

Bid race starts for £240m housing upgrade framework

Installers framework open to contractors of all sizes
3 days ago

Major contractors warned again over late payment work ban

Poor payers could lose out on government contracts from September
3 days ago

Cappagh buys trenchless specialist AWL

Revenue at Cappagh companies tops £100m
3 days ago

Winvic nets 935,000 sq ft M5 business park

St Modwen gives thumbs up to first three spec units at Gloucester business park
3 days ago

New consulting outfit lands first major contracts

Straightline Consulting bags deals with Mace and Ellmer
3 days ago

Sisk bags 10th Wembley Park job for Quintain

458 homes project is the final piece of the Eastern Quarter
4 days ago

Green light for £40m Little Hadham Bypass

Graham Construction in the frame for road job
4 days ago

Boost your online presence – join the Enquirer Directory

New site for suppliers and buyers showcases products, services and latest stories
1 year ago

Esh Group operations boss exits

John Davies leaves after nearly 30 years at Durham-based group
4 days ago

Housing association buys house builder to boost construction

Vivid buys Bargate Homes to boost its building programme
4 days ago

HS2 clocks up 9,000 jobs milestone

Thousands of jobs being supported as 250 sites now active in enabling phase
4 days ago

Winners revealed on £500m North Wales framework

Eighteen contractors secure places on North Wales Construction Partnership
4 days ago

Industry hopes rise for more flexible post-Brexit immigration rules

£30,000 salary minimum for "low-skilled" workers could be scrapped
5 days ago

Contract race underway for £500m Tottenham Hale scheme

Developer Argent Related unveils plans with construction set to start in October
5 days ago

Work starts on £1bn Ford Dagenham regeneration

Phase one of Beam Park will see 640 homes and a new railway station
4 days ago

Crossrail delay speeds-up construction above station

Mace benefits from not having to build above a live station at Bond Street
5 days ago

British Steel goes into liquidation

Official Receiver now in charge and vows to continue supplying customers
5 days ago

Facade specialist Face ceases trading

Specialist folds during major retrofit contract at Brentford student scheme
5 days ago

Crest Nicholson raids Linden Homes for new chief

Linden Homes former divisional chairman Tom Nicholson starts next week
5 days ago

Kier wins £20m Sheffield Park Hill student scheme

Flats at iconic estate will be converted into 356 student homes
6 days ago

Site inductions to contain modern slavery warnings

How to spot labour exploitation now explained alongside traditional health and safety briefing
6 days ago

Plastic road built on new housing development

Springfield Properties recycles waste plastic to help build new road
6 days ago

Galliford Try confirms 350 construction job cuts

Slimmed-down division to focus on building,water and highways
6 days ago

Dawnus went down owing supply chain more than £40m

Subcontractors left in the lurch again following latest collapse
6 days ago

Interserve benched on £1bn Welsh framework

SEWSCAP 3 deal: Details of latest winners
7 days ago

BAM Nuttall profit hits 10-year high

Operating margin back to 3% as profit tops £26m
7 days ago

Diversification shields Keltbray from demolition slowdown

Contractor looking at new markets as core commercial workloads fall
6 days ago

Robertson lures property boss from Henry Boot

Nick Harris joins from one of contractor's biggest clients
7 days ago

Esh gears up for £36m Sunderland road job

Esh mobilises to start phase 3 of city strategic corridor
6 days ago

Contractor services