Wittington set to get approval for Bermondsey co-living scheme

Wittington Investments is set to receive planning approval from Southwark Council next week for a 605-room purpose-built shared living scheme in Bermondsey. The 1.3-acre site, at 79-161 Ilderton Road, SE16, was acquired by Wittington Investments in March 2022, from Centerbridge and Argon Capital. The site was previously used as a lorry park and has consent for a 28-storey, 312-flat scheme, alongside 20,000 sq ft of shops and offices, with a GDV of £135m. Wittington Investments and co-living operator Fifth State have proposed a new scheme, that includes two separate buildings either side of a central publicly-accessible pocket park. The first of these buildings, the North Building, would be formed of two blocks, one of 27 storeys and the other of 18 storeys, linked by a five-storey plinth/base element. The South Building, would also be formed of two blocks: Block C would be 16 storeys and Block D would be ten storeys, with the two linked by a five-storey plinth/base. If approved, the site will provide 120 affordable homes in a tenure split of 65 social rent and 55 intermediates, as well as a 1,300 sq ft not for profit café, 4,000 sq ft of commercial space, and 5,000 sq ft of business space. The scheme also includes amenities such as flexible workspaces, a well-being studio and gym, a recording studio, a cinema, games rooms, shared kitchen and dining facilities, and laundry facilities. The proposed scheme is next to South Bermondsey station and is less than half a mile from the proposed New Bermondsey Overground station, which is due to complete in 2025. See more planning information for London Borough of Southwark>> To send feedback, e-mail akanksha.soni@eg.co.uk or tweet @AkankshaEG or @EGPropertyNews Image © TP Bennett