The £220m Botanical House scheme will retain the basement and ground floor slab of the original hotel building
Planning approval has been secured to transform the Croydon Park Hotel site in south London into a new £220m build-to-rent scheme.
Developer and real estate investor Amro Partners and its joint venture partner Flemyn have had plans green lit for 447 rental homes across two adjacent towers of 36- and 33-storeys.
A quarter of the homes in the scheme, which is called Botanical House, will be three-bedroom apartments, with the remainder either two- or three-bed homes.
A fifth of the scheme will be affordable, available to tenants at below market value via Discounted Market Rent and London Living Rent.
Amro hopes the project will be the first residential building in Croydon to achieve the highest possible sustainability standards including BREEAM ‘Outstanding rating’, Fitwel3 certification and WiredScore Platinum – the global digital connectivity and smart technology certification.
The basement and ground floor slab of the original hotel building will be retained “to save embodied carbon and minimise demolition and subsequent waste on site.”
The towers, designed by architects HTA Design, will be connected through a central communal entrance. They are located just two minutes’ walk from East Croydon station.
The proposals include a roof terrace, gym/wellness centre, cinema room, communal lounge areas, outside play area and co-working spaces.
The design also includes the creation of a communal landscaped garden, 50% of which will be soft landscaping, 45 new trees and green street frontages. Developers will also retain existing street trees.
Construction will begin in 2024, with the development scheduled to complete and open in 2027, after which it will be managed by Amro Living.
“We are already working closely with the local community to deliver an exceptional new building which not only sets a new bar in terms of sustainability but makes a significant contribution to meeting high demand for quality rental homes in the borough,” Raj Kotecha, chairman and CEO of Amro Partners, said.