Build-to-rent scheme in New Cross to be delivered in joint venture with local authority
A joint venture led by listed residential landlord Grainger has been given the green light by Lewisham council for a mixed use scheme in New Cross, South east London.
The scheme, designed by residential architect Maccreanor Lavington, will include 324 fully build to rent homes, a new GP surgery, a pharmacy, community space, flexible retail and commercial floorspace.
It will be built on a council-owned brownfield site in New Cross which has been vacant for ten years.
Developer Grainger Lewisham Holdings is a JV company formed between the council and Grainger following a compeition in 2017 to to find a developers for the scheme.
It is the latest planning permission in South east London for the scheme’s architect, Maccreanor Lavington, following the all clear for a 28-storey tower on the Old Kent Road comprising 253 homes built above a warehouse.
It also received a green light in June for a 39-storey brick-clad tower comprising 372 homes, and a 22-storey tower 111-home tower. Both schemes are also on the Old Kent Road.
Work on the New Cross scheme is expected to start on site in winter 2021 with completion slated for winter 2024.