Construction News

Sun November 28 2021

Related Information

Peabody seeks partner for £300m Thamesmead scheme

18 Nov Peabody housing association is advertising for a private sector partner for a £300m development in southeast London.

Phase 2 of Southmere Village (Binsey Walk) is part of the Abbey Wood and South Thamesmead Housing Zone
Phase 2 of Southmere Village (Binsey Walk) is part of the Abbey Wood and South Thamesmead Housing Zone

Peabody is looking to to establish a 50:50 joint venture to build phases two and three of the South Thamesmead regeneration project, at Harrow Manorway, near Abbey Wood.

The 3.1ha development site is split between a northern plot (phase two) and southern plot (phase three).

Phase two has outline planning consent for up to 329 homes and up to 1,050 sq ft of commercial floorspace. Phase three is reckoned to have capacity for approximately 400 homes but this is part of a separate outline application currently being determined by the local planning authority.

It is anticipated that the private sector partner will provide finance, development management and sales & marketing services to the joint venture, and may provide construction services as well.

Phase one was built by Durkan.

For further details see our Contract Leads page.

The masterplan [click on image to enlarge]
The masterplan [click on image to enlarge]

Got a story? Email news@theconstructionindex.co.uk

MPU
MPU

Click here to view more construction news »