Bellway Homes, one of the UK’s top four housebuilders, has just received planning permission to build 229 homes at Greenwich Peninsula, London’s largest single regeneration project.
These homes represent the first residential phase in the development of 80 hectares of Greenwich Peninsula over the next 15 years. Bellway anticipate starting on site late 2007 with residents moving in towards the end of 2009.
The £5 billion Greenwich Peninsula regeneration scheme - creating a new riverside community for London - is being led by joint venture partners Lend Lease and Quintain Estates and Development PLC, working with English Partnerships, the UK Government’s national regeneration agency.
Bellway will build a mixture of one-, two-, three- and four-bedroom flats, maisonettes and townhouses on the southern part of the Peninsula overlooking the Thames. 60 of these homes will be for affordable housing, designed to meet Housing Corporation Scheme Development Standards.
Endorsing the Peninsula’s strong sustainability agenda all of the homes will have, at the very least, an EcoHomes ‘Excellent’ rating. Bellway are also investigating further opportunities for renewable energy initiatives to be adopted as part of this development.
The landscaped green and brown roof terraces together with cascading green facades are designed to encourage local wildlife as well as providing residents with communal green spaces. In addition residents can take advantage of the communal courtyards and riverside terraces with spectacular views of the river Thames.
Ted Ayres, Southern Regional Chairman, Bellway Homes, said:
“Greenwich Peninsula is London’s largest single regeneration project and we are excited and proud to be a part of it. This development will make full use of the stunning location, providing residents with wonderful views of the Thames barrier, Canary Wharf and beyond.”
The £5 billion Greenwich Peninsula regeneration scheme - creating a new riverside community for London - is being led by joint venture partners Lend Lease and Quintain Estates and Development PLC, working with English Partnerships, the UK Government’s national regeneration agency.
ENDS
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Notes to Editors
About Bellway Homes
Bellway Homes has over 50 years experience in housebuilding and is now one of the country’s largest housebuilders, selling more than 7,000 homes per annum. At any one time Bellway is active on more than 150 sites nationwide and provides a mix of homes to meet all sectors of the market.
About Greenwich Peninsula
Over the next 15 years, the area will be transformed into a thriving new riverside community. Planning permission was issued in 2004 and will see the delivery of 10,000 new homes in distinct residential neighbourhoods (including 38% affordable housing), the creation of 24,000 long-term job opportunities within a central business district as well as shops, schools, community facilities and landscaped open spaces. Pedestrians and cyclists will have priority over the car and a relaxing, safe environment will be promoted.
The £5bn comprehensive regeneration of 80 hectares of Greenwich Peninsula is being led by Lend Lease and Quintain Estates and Development PLC, who have entered into a long term joint venture with English Partnerships.
This regeneration of 190 acres of Greenwich Peninsula is being led by Lend Lease and Quintain Estates and Development PLC, working together with English Partnerships.
About Lend Lease
Founded in Australia in the 1950's and listed on the Australian Stock Exchange, Lend Lease is a leading real estate specialist, which creates, enhances and manages real estate assets around the world.
In the UK its business is focused primarily on the delivery of large scale, retail led, mixed use schemes which lead to the regeneration of town centre and major urban sites.
Lend Lease provides cohesive in-house solutions for mixed-use developments, from planning and consultation, to development, funding, construction and asset management. In addition,Crosby Lend Lease, the group's residential development business can deliver affordable and private homes as part of integrated retail, commercial and residential developments.
About Quintain Estates and Development PLC
Quintain operates through three business segments - fund management, investment and urban regeneration. In addition to the Greenwich Peninsula development, Quintain has a c14m sq ft landbank of projects, of which c7m sq ft are consented. Quintain is listed on the London Stock Exchange and is a FTSE 250 company.
About English Partnerships and the wider Peninsula
English Partnerships is the government’s national regeneration agency whose aim is to deliver high quality, sustainable growth in England. English Partnerships have played a leading role in the comprehensive regeneration of the Peninsula including the provision of infrastructure and open space, the delivery of community, retail and leisure facilities and the creation of Greenwich Millennium Village (GMV), a 2,950 community being developed to the south of Greenwich Peninsula.
About AEG Europe and The O2
AEG is one of the leading sports and entertainment presenters in the world. It owns or operates some of the world’s best arenas and theatres and numerous sports franchises as well as a collection of companies dedicated to producing, promoting and presenting world-class live entertainment.
In May 2005, AEG announced that it had joined forces with O2 to help transform the former Millennium Dome and the surrounding area into the UK’s most exciting and technically advanced music, sport and entertainment destination. It has been renamed The O2 and the opening season begins in June 2007.
Greenwich Peninsula - key statistics
Within the next 15 years around 25,000 people will be living in Greenwich Peninsula and 24,000 people will work there. Key facts at a glance:
- 10,000 new homes with 3,800 for key workers and people on low incomes
- 24,000 jobs created, plus an additional 5,000 jobs in construction
- A new business district for London - 3.5 million ft² of employment and office space - 343,600 m2
- The O2 - The largest indoor arena in London with a street of entertainment venues, bars, cafes and restaurants all under the roof of the former millennium dome
- 150 new shops and restaurants - 360,000 ft² of retail provision - 33,750 m2
- extensive community and leisure facilities
- All buildings in will be designed and built to the highest current environmental standards (ie. EcoHomes Excellent and BREEAM)
- It will be London’s first residential ‘Low Emissions Zone’, aimed at controlling car emissions (all private cars will need to be Euro-4 compliant by 2009)
- 48 acres of new and improved open spaces
- The same amount of riverfront as Waterloo to London Bridge - the largest of any single new development in London
- Excellent transport links put residents and workers just one stop from Canary Wharf, four stops from London Bridge and 20 minutes from the West End, and a regular turn and go 15 minutes service at QE II Pier on fast ferry commuter services with Thames Clippers operating from east (Woolwich) to west London