Latest Public Sector News

16.05.18

Council hails new £4bn ‘masterplan’ for London borough regeneration

British Land has submitted plans for a £4bn development in south east London, it has revealed.

The plans outline a planning application for the Canada Water Masterplan, which the company says is one of London’s most significant development projects.

The planning application comes following four years of collaboration between the developers and Southwark Council, as well as extensive consultation with the local community.

Included in the proposals are a detailed planning application for the project’s first three buildings, which include workspace, a new leisure centre, and homes, of which 35% will be affordable. These three buildings would form part of the first phase of development, covering a total of 1.8 million square feet of mixed-use space, including 650 homes.

If given the go-ahead, construction on these first buildings will begin in spring 2019.

The wider masterplan is expected to deliver 3,000 new homes to the borough, along with one million square feet of retail, leisure entertainment and community space, which will include a proposed health and social infrastructure.

Cllr Peter John, leader of Southwark Council, said that it is “fantastic” to see the project moving forward.

He praised the development company for devising a plan that “will deliver what local people want to see, including a guaranteed 35% affordable housing split 70% social rent and 30% shared ownership in the first phase, new retail spaces and job opportunities, education and health facilities and a brand new leisure centre.”

Working alongside the council, British Land has committed to a Social Regeneration Charter, which John said will ensure that the lives of local residents are improved by the project.

Roger Madelin, the man responsible for the regeneration of Kings Cross, now head of Canada Water development at British Land, called the submission of the planning application an “important milestone” for the project.

He said: “We have worked closely with Southwark Council and the local community of Canada Water to achieve this important first step, and will continue to work with them to deliver a low carbon, energy efficient neighbourhood.

“We will put health and wellbeing at the heart of our plans to ensure the buildings and spaces we create encourage and support healthy lives.”

A decision on the planning application is expected by the end of the year and, if approved, will create around 20,000 jobs, including apprenticeships and training.

 

Enjoying PSE? Subscribe here to receive our weekly news updates or click here to receive a copy of the magazine!

Comments

There are no comments. Why not be the first?

Add your comment

 

related

public sector executive tv

more videos >

last word

The importance of openness after Grenfell

The importance of openness after Grenfell

Following the recent Grenfell Tower tragedy, Lord Porter, chairman of the LGA, argues that if the public are going to have faith in the safety testing process then everything must be out in the open more > more last word articles >

public sector focus

View all News

comment

Camberley inspired: investment and regeneration

11/03/2019Camberley inspired: investment and regeneration

The decline of the Great British high street has been one of the greatest c... more >
Swindon's solar-powered recycling centre saves council cash

11/03/2019Swindon's solar-powered recycling centre saves council cash

Steve Cains, head of power solutions at Public Power Solutions, the wholly-... more >

interviews

Digital innovation in the public sector: The future is now

17/12/2018Digital innovation in the public sector: The future is now

One of the public sector’s key technology partners has recently welco... more >

the raven's daily blog

Councils Can: LGA launches Spending Review campaign

18/03/2019Councils Can: LGA launches Spending Review campaign

Lord Porter, chairman of the Local Government Association, outlines his organisation’s campaign to make sure local government tops to government’s list for this ye... more >
read more blog posts from 'the raven' >

editor's comment

25/10/2017Take a moment to celebrate

Devolution, restructuring and widespread service reform: from a journalist’s perspective, it’s never been a more exciting time to report on the public sector. That’s why I could not be more thrilled to be taking over the reins at PSE at this key juncture. There could not be a feature that more perfectly encapsulates this feeling of imminent change than the article James Palmer, mayor of Cambridgeshire and Peterborough, has penned for us on p28. In it, he highlights... read more >