Revised plans in for £1.1bn Stag Brewery scheme
City Developments’ Reselton Properties arm has lodged revised proposals for its £1.1bn development at the historic Stag Brewery site in Richmond upon Thames, south-west London, which involves shrinking the residential element to 1,085 homes.
Plans for the site, which previously proposed 1,250 homes, were refused by mayor of London Sadiq Khan last year. His decision was partly based on a lack of affordable housing.
The developer, which is a wholly owned subsidiary of Singapore-listed City Developments, said the amount of allocated affordable housing would be determined by the financial viability analysis in accordance with guidelines.
City Developments’ Reselton Properties arm has lodged revised proposals for its £1.1bn development at the historic Stag Brewery site in Richmond upon Thames, south-west London, which involves shrinking the residential element to 1,085 homes.
Plans for the site, which previously proposed 1,250 homes, were refused by mayor of London Sadiq Khan last year. His decision was partly based on a lack of affordable housing.
The developer, which is a wholly owned subsidiary of Singapore-listed City Developments, said the amount of allocated affordable housing would be determined by the financial viability analysis in accordance with guidelines.
However, Guy Duckworth, director of Dartmouth Capital Advisors, which is undertaking the scheme on behalf of Reselton, warned that rising building costs would have a “knock-on effect” on the amount it will provide.
A detailed application has also been filed for a new three-storey, 1,200-pupil secondary school on the west side of the site. The Department for Education will fund the £41m cost of the school aspect.
A smaller primary school previously formed part of the original 2012 planning brief for the site, but the council made a case to the DfE for a new secondary school after Reselton bought the site in 2015.
Proposals also include a cinema, hotel, offices, community hall and rowing club and 30 to 40 flexible-use spaces.
Duckworth said: “The revised scheme has taken on board the mayor’s comments regarding the heritage buildings, and the height and massing of the residential blocks, while maintaining the same design, content and layout principles of the original scheme.”
He added: “We believe that the latest scheme reflects a balance of views of the interested stakeholders.
“The earlier scheme did meet the mayor’s stated aspirations for a greater content of affordable housing which, together with the provision of large new secondary school, created a strong community offer and we were surprised when he rejected the scheme.”
The scheme has been designed by architect Squire & Partners.
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Photo: Squire & Partners/Reselton Properties
