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Boris gives approval to Peninsula plans

© Copyright PAUL FARMER

Reported in October's Inspire – a landmark planning application for one of the largest new developments in London has now been given the green light from the Mayor of London. A revised masterplan for nearly 12,678 homes and 12,000 jobs on a previously disused gasworks will create an entire new district formed of five neighbourhood zones.

Developers Knight Dragon are already in the process of building a further 2,822 homes on the site, which will bring housing delivery on the Greenwich Peninsula to 15,720. Plans also include 220 serviced apartments, 24,000 square metres of retail use, 60,000 square metres of business use, two new schools and two new hotels. The development will also feature a 40,000 square metre film studio, a visitor attraction and increased green open space including an extension to the existing Central Park.

In August, Greenwich council gave outline planning permission for the site, which runs along the River Thames, and the Mayor has now also given the masterplan the go-ahead. The Mayor of London, Boris Johnson, said: “This gigantic site at Greenwich Peninsula has sat dormant for far too long, so I’m pleased that since City Hall took control of this land, we are already beginning to see construction underway.  This will not only provide thousands of much-needed new homes for Londoners, but also bring jobs as part of the wider regeneration towards the east of the capital.”   

Developers Knight Dragon has 2,882 homes already under construction as part of existing planning permission, of which 1,002 are affordable. The masterplan includes 2,928 affordable homes, while a review mechanism has been included in plans, which could deliver an additional 1,572 affordable homes. The affordable housing mix, which will be delivered in all five neighbourhoods in the new district, will be split between social rent and intermediate.

Councillor Danny Thorpe, Royal Borough of Greenwich Cabinet Member for Regeneration and Transport said:  “We are particularly proud that, at a time of critical housing shortage, this development will deliver so many affordable homes, of which more than two-thirds will be for social rent, at no more than 50 per cent of market rent.“This is an ambitious vision for an extremely exciting site and I look forward to it now finally moving forward, and seeing the delivery of this major new regeneration project to the borough.”