£1bn plans for Bermondsey Biscuit Factory approved
Southwark Council has approved Greystar’s enhanced planning application for its £1bn redevelopment of Bermondsey Biscuit Factory, SE16.
The fresh plans included an extra 88 homes, bringing the total number of rental homes to be built at the site to 1,624. Some 338 social rent and 142 discounted market rent homes will also be provided as part of the scheme.
Greystar, which bought the scheme from Grosvenor in September 2022, said the development would create a new community in the heart of Zone 2 in London incorporating new homes for a range of rents, a new secondary school, play areas, and cultural and retail spaces.
Southwark Council has approved Greystar’s enhanced planning application for its £1bn redevelopment of Bermondsey Biscuit Factory, SE16.
The fresh plans included an extra 88 homes, bringing the total number of rental homes to be built at the site to 1,624. Some 338 social rent and 142 discounted market rent homes will also be provided as part of the scheme.
Greystar, which bought the scheme from Grosvenor in September 2022, said the development would create a new community in the heart of Zone 2 in London incorporating new homes for a range of rents, a new secondary school, play areas, and cultural and retail spaces.
Dan Thompson, managing director of development at Greystar, said: “Our scheme in Bermondsey has been purpose-designed with renters in mind, leveraging our 30 years of experience providing high-quality homes for occupiers around the world.
“London in particular is facing an acute shortage of homes, and by delivering new, purpose-built rental homes in town centre locations, we can help to alleviate this pressure while putting disused, brownfield land to use as much-needed new housing stock. This is a significant milestone for our development at the historic biscuit factory, which promises to deliver a thriving new community in the heart of the UK’s capital city.”
The initial plans for the Bermondsey Biscuit Factory site were approved by the GLA in February 2020.
HTA is masterplanner and landscape architect on the development. The buildings have been designed by a combination of HTA, Hawkins Brown and Arney Fender Katsalidis.
