Croydon Council's old Taberner House office block was demolished two years ago and the site was cleared, but plans to replace it with blocks of flats have stalled. Hub Group was brought in last month to develop 500 apartments on the site, with a mixture of affordable housing for market sale, shared ownership and private rental sector.
This is Faithful+Gould sixth contract with Hub Group, following on from Chesterfield House in Wembley, Abbey Wood at Greenwich, Rehearsal Rooms in North Acton and the Material Store and Boiler House at Hayes.
Hub Group has instructed architect AHMM to draw up new plans for the scheme, and, subject to planning approval, construction should begin next year. Planning permission had previously been granted for five residential blocks with more than 400 homes.
“The private rental sector is fast becoming the most popular form of development in the UK’s major hubs, especially London,” said Faithful+Gould’s Mark Stevens, national head of commercial property. “Faithful+Gould has been one of the earliest delivery partners of this type of solution and even though this format has not been around for any great length of time we have already worked on £400m worth of projects for Hub alone.”