Construction News

Tue October 20 2020

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Topping out ceremony marks the completion of the first homes at Greenwich Peninsula

6 Oct 10 House builder Bellway has held a topping out ceremony at its City Peninsula development at Greenwich Peninsula, marking the near completion of the multi-million pound project.

Part of the £5 billion Greenwich Peninsula regeneration scheme, which is being developed by Lend Lease (Europe) and Quintain Estates & Development plc in collaboration with the Homes and Communities Agency (HCA), Bellway was the first house builder to be granted permission to develop homes on the Peninsula.

A fusion of striking elevations, soaring to nineteen levels and overlooking the sweeping curve of the River Thames, the 229 home development is already 85% sold.

Managing Director of Bellway Thames Gateway, Jason Honeyman commented: “We are delighted with the success of City Peninsula; the scheme provides a mix of accommodation comprising 1, 2 and 3 bedroom apartments, together with three triple level townhouses which have clearly appealed to owner occupiers and investors alike.

“We have developed City Peninsula as a sustainable housing scheme for the 21st Century and believe that it should be recognised as one of the most innovative new developments of its type as it is leading the creation of new homes across the 190 acre Peninsula.

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“Importantly it’s part of London, close to The O2, only 15 minutes from the West End, one tube stop from Canary Wharf and well served with modern transport connections, yet only a couple of miles from elegant historic Greenwich. It’s new and distinct, as well as being connected to an established community at Greenwich Millennium Village.”

David Lunts, Director for London at the HCA, said, “We are really pleased that HCA funding has enabled building work to continue on this important scheme through the market downturn, and we look forward to seeing residents moving into their great new affordable homes at Greenwich Peninsula”.

For commuters, Greenwich Peninsula is already one of the best-connected places in the capital. Located in Zone 2, the Jubilee Line station at North Greenwich provides direct links to Canary Wharf, London Bridge and Waterloo mainline stations and the west end.

1 & 2 bedroom apartments are available with prices starting from £269,950

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