Developer Fairview Homes are looking at building 380 homes including a 27-floor tower on Greenwich Peninsula.
They havn’t wasted much time in submitting an Environmental Impact Assessment detailing what they intend to build.
Other planned uses for the land are: “Up to 385 student beds, up to 8,500 sqm of commercial storage space, a nursery and associated amenity space in 5 buildings ranging from 1 to 27 storeys”
Note, this is an early stage of development and not a full planning application.
A tower containing a Travelodge has been approved the other side of Boord Street but work has yet to begin,
This site is separate to over 17,000 homes Knight Dragon have permission for across the peninsula, and more than 3,000 homes at Greenwich Millennium Village.
Other sites on the peninsula include Morden Wharf where 1,500 homes have the green light though land is now up for sale. There’s also plans due at the site earmarked for a scrapped cruise liner terminal.
Fairview are currently building 333 homes in Thamesmead and recently built hundreds of homes beside Deptford Creek in Greenwich.
If Fairview are quick, they’ll pay ultra low levy rates to Greenwich Council which will again cost local services millions in improvements as the authority have still yet to adjust rates to London norms.
Last week an application was submitted for a student tower in west Greenwich, and rates levied on developers when contracting student housing in Greenwich are far below much of London.
Numerous nearby developments have already brought minimal funds due to Greenwich Council’s lack of action in bringing rates up to London standards, which helps explain the lack of funds and dismal state of local streets and public spaces.