Enabling works are underway at British Land’s 53 acre, mixed-use scheme in Southwark, which will deliver up to 3,000 homes.
The Homes England funding will enable British Land to accelerate residential elements of its scheme by around three years.
Also British Land confirmed today that first phase building contracts will be placed with firms over the next few months.
Kier, Laing O’Rourke, Mace and Wates are understood to have been among the firms in talks with British Land to deliver the first three buildings on the 5m sq ft scheme.
First Phase 1 buildings at Canada Water
K1 plot plan for affordable housing designed by architect Morris + Company
Adjacent to Canada Water station, plot A will consist of a 5-storey podium and 35 storeys of housing above
Offices and leisure situated next to the new residential tower
Roger Madelin, Joint Head of Canada Water, British Land, said: “We are pleased to be working with Homes England at Canada Water.
“Housing is central to our plan to deliver a new and vibrant town centre for London, where people can live and work and local communities can come together. Their support enables us to progress more quickly and is a testament to the quality of space we will deliver.”
