A Section 106 agreement gave rise to a scheme of housing, a green square and a nursery in London’s Lambeth
New family houses and apartments, a green square and a children’s nursery, all in London’s SE11 postcode: the delivery of a development with these ingredients is incredibly rare in the heart of the capital today. Lollard Street is even more remarkable because all this was born from a Section 106 agreement.
This 89-home development is being heralded as an exemplar social housing scheme. Lambeth council and developer Braeburn Estates – a joint venture of Canary Wharf Group and Qatari Diar – have demonstrated how public and private sectors can work together effectively using the S106 mechanism, not only to deliver affordable homes but also to improve existing council housing estates.
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