Pocket Living plans 24-storey first-time buyer tower

Aaron Morby 9 years ago
Share

Ambitous affordable housing specialist Pocket Living has submitted plans for a 24-storey residential tower in south London.

The Mapleton Crescent scheme in Wandsworth town centre is the largest to date for Pocket Homes, which sells its homes at a 20% discount off local prices to local first-time buyers earning less than £71,000.

Pocket estimates that over the next 10 years it will invest around £500m in delivering new homes, targeting the ever-growing numbers of Londoners who are priced out of private housing and unable to secure social housing to own a home of their own.

The new tower project planned for a constrained site will contain 86 flats, 63 of them affordable. The structure will comprise pre-cast concrete columns with in-situ concrete slabs and will be clad with three different kinds of green pleated ceramic panel.

Pocket Living Wandsworth

The proposed tower rises to 21 storeys on the east wing and 24 storeys on the southern wing – just above the height of the recently completed 23 storey Argento Tower to the south.

Pocket has been awarded £21.7m equity funding for 10 years by the Mayor of London as part of his Housing Covenant commitment to help thousands of working Londoners into home ownership.

This funding will see around 400 Pocket homes developed across eight London boroughs in the first two years alone.

 

Latest news

Development firm fails hitting London building team for £2.6m

Luxury flats builder Ant Yapi was contracted to redevelop Westminster Tower site
25 mins ago

Government set to fund £1bn final HS2 London tunnel drive

Final tunnel drive to be taxpayer funded upfront with cash recouped later
27 mins ago

Amazon fires up Big-Box market with £500m job

Next generation triple floor super-shed to be built near Northampton
58 mins ago

Stricken road sweeper specialist rescued

Parts of hire specialist Go Plant bought out of administration by Sweeptech
48 mins ago

Costain highways lead joins Buro Happold

Paula Gough appointed to UK Development Director for Infrastructure
59 mins ago

G&H Group lands £10m+ M&E package from JJ Rhatigan

100-strong specialist team to start on West London site next week
47 mins ago

Bidding open for £800m professional services deal

Procure Partnerships encourages SMEs to bid with 9 regional lots
30 mins ago

Construction buyers see fastest growth for 14 months

Commercial building work leads the way in April
21 hours ago

Go Modular Technologies files administration notice

Southampton bespoke volumetric specialist employs around 60 staff
1 day ago

Cladding firm went down owing supply chain £7.7m

Debts revealed at Everton stadium cladding contractor Alucraft Systems Ltd
1 day ago

Rydon dogged by legacy fire safety remediation costs

£19m spent on fire safety remediation work to date
1 day ago

Carpenter killed by falling timber frame panels

Court fines specialist contractor £8,000 after site tragedy
5 days ago

Trio of builders win King’s Award for sustainability

Henry Brothers, Willmott Dixon and ZED Pods recognised for sustainability
24 hours ago

Kent police seize huge haul of stolen site tools

Hunt for power drill fitted with tracker busts tool theft ring
1 day ago

Robertson names new Northern construction chiefs

Ian Phillips promoted and Ricky Brown joins from Morgan Sindall
1 day ago

Road sweeper specialist files administration notice

Go Plant lodges court notice
5 days ago

Anglian Homes rides in to finish crashed Everest contracts

Rival doubled glazed window specialist commits to complete orders
5 days ago

Final work starts to connect super sewer to London system

End in sight with 1.5m thick concrete wall to be demolished to link-up to Lee Tunnel sewer system
5 days ago

Legal challenge launched against £1.5bn A66 dualling

Balfour Beatty, Kier and Keltbray must now await outcome of court challenge
5 days ago

John F Hunt wins 24-storey Battersea tower

Specialist to carry-out demolition, enabling works and RC frame construction
6 days ago

William Hare wins steelwork on £500m Broadgate towers

Specialist to work on 2 Finsbury Avenue with McAlpine
6 days ago

McAlpine appoints MD to grow ventures business

Owain Thomas will build on private rental and healthcare development successes
6 days ago

BAM Co-op Live Arena opening delayed yet again

Another gig cancelled last night amid last minute safety concerns
6 days ago

National Grid unveils winners for £9bn network upgrade

New 'enterprise model' to deliver infrastructure schemes quicker and cheaper
7 days ago

Turkish insulation panel maker to build £45m UK factory

Assan Panel to open first UK plant at Freeport East
6 days ago

Expanding consultant Stantec swoops for Hydrock

Stantec UK business expands by a third as 950 staff join from Bristol-based engineer
7 days ago

Contractors wanted for £800m highways deal

Bids invited for Eastern Highways Alliance Framework 4
6 days ago

Galliford Try names group head of infrastructure

David Lowery promoted to Divisional Managing Director – Infrastructure.
6 days ago

Chigwell Group looks at stock market listing

Essex contractor registers as Public Limited Company
1 week ago

A57 Mottram Bypass clears final legal challenge

Balfour Beatty to get go-ahead to start shortly
1 week ago

Contractor services