Southern Grove unveils £80m home and office scheme in ‘regen hotbed’ Southwark
Developer Southern Grove has today announced plans to build a £80m GDV mixed-use residential and office complex in London’s Canada Water.
The Brooklyn will provide 150 homes alongside 25,000 sq ft of B1 office space on the doorstep of one of London’s most extensive current regeneration projects.
Southern Grove’s scheme has been designed by award-winning architects Lifschutz Davidson Sandilands (LDS). The development will be 18 storeys high and will occupy a site called St Olav’s Court besides the Rotherhithe Tunnel and fronting the A200 (Lower Rd). It is very close to Canada Water tube and overground station, and moments away from the Thames.
Planning permission will now be sought from Southwark Council after Southern Grove exchanged on the site this week.
The company will also be seeking a housing association partner to help provide the scheme’s homes on an affordable basis, in line with the company’s stated ambition that as much affordable housing as possible should be provided by residential projects in London.
The development is just moments away from a 53-acre site south-east of Canada Water Station that has become a major redevelopment focus for Southwark Council under its Canada Water Area Action Plan.
Planning permission for the new ‘town centre’ was granted for British Land’s scheme in October, promising a £3.3bn facelift including 3,000 homes that will help turn the whole Canada Water area into a major regeneration centre.
Southwark Council hopes that Canada Water, which includes the Surrey Quays Shopping Centre, will become a new urban centre for the capital featuring a mix of opportunities for businesses, retail, leisure and residential.
Tom Slingsby, CEO of developer Southern Grove, commented:
“The Brooklyn is a fantastic addition to this site and will provide a healthy boost to housing and commercial stock in Canada Water, which is one of the capital’s regeneration hotbeds.
“People living here really will feel like they are within striking distance of central London. They will be able to hop on the tube and be in the City, Canary Wharf or any corner of the capital in minutes.
“Canada Water is going to be put on the map in a bold new way by the extensive regeneration that is going to take hold over the next 15 years and our own scheme will complement that effort.”