Developer Fairview Homes has announced the acquisition of a large plot of land beside the A102 on the approach to the Blackwall and Silvertown tunnels.
The site totals 2.25 acres and sits in what is currently a pretty desperate area for pedestrians.
To the north sits the former gasholder as well as Studio 338 club.
It’s also close to a new footbridge installed this past weekend as part of Silvertown tunnel works. The site will see additional traffic lanes in coming years.
Residents crossing the bridge will be built with more desperate public space.
High density blocks appear likely given the site context and what has been approved in recent years. One such approval was a hotel tower but little has progressed.
It may seem a no-brainer that Greenwich Council would use income from a future development to improve the situation for pedestrians but they havn’t time and again with numerous local developments including a school, hotels and thousands of homes.
Greenwich have also delayed revisions to existing low Community Infrastructure Levy rates to 2024.
That would mean nine years obtaining some of the lowest income from developers in the whole city, with Greenwich Council often propping up the league table for all London boroughs losing many millions in income.
Fairview Homes have recently constructed a development in Greenwich and are currently on site in Thamesmead (which they’re branding as Woolwich).
Here’s their recent development in Greenwich: