Thamesmead regeneration plans move a step closer
Peabody has submitted plans to transform South Thamesmead and create thousands of new homes.
We have submitted plans for thousands of new homes along Harrow Manor Way – a milestone in the regeneration of South Thamesmead.
The £500m of investment will also see a vibrant new high street which connects South Thamesmead and Abbey Wood station.
Four planning applications have been submitted to the London Borough of Bexley.
These include a detailed planning application for Southmere Village which would see more than 500 new homes, a new library, cafes and shops, a new lakeside square and space for outdoor activities.
Coralline Walk, Binsey Walk and Sedgemere Road
Also submitted are three outline planning applications for Binsey Walk, Coralline Walk and Sedgemere Road. Together these include around 1,000 homes, landscaped areas, a central square, a public plaza, community gardens, cafes and a new pedestrian route. There will also be offices and community and creative spaces which would create a number of new jobs.
Subject to planning permission the first developments will begin in early 2017, with the final phase completing in 2024.
These plans form part of the London Borough of Bexley’s Abbey Wood and South Thamesmead Housing Zone. This is one of two Housing Zones to be delivered in Thamesmead, the other is being led by the Royal Borough of Greenwich. Both will be developed by Peabody with £47.5 million investment from the Greater London Authority.
Peabody’s Chief Executive, Stephen Howlett said:
“Thamesmead is a special part of London with huge potential for the future. The creation of 1,500 new homes and a new high street as part of the Abbey Wood and South Thamesmead Housing Zone, together with the arrival of Crossrail means we also have the opportunity to create hundreds of new jobs and attract new business.
"Peabody is committed to working with local residents to create the dynamic and thriving place where people aspire to live, work and visit.”
Read more about our plans and proposals for South Thamesmead.