Out-Law News 1 min. read
13 Jan 2012, 4:26 pm
Developer Bouygues Development is behind the application, along with its consortium partner One Housing Group.
"Canning Town’s regeneration did not happen when the DLR and Jubilee lines were put in place but this sustained effort by LTGDC and Newham Council will provide a truer platform for the area’s rebirth," said LTGDC chief executive Peter Andrews. "With the Mayor’s new development corporation soon to be established, Canning Town may well be the last example of substantial regeneration outside of the Olympic Park.”
"This is a tremendous decision for Canning Town and for East London as a whole," said Bouyges managing director Stephane Slama-Royer. "The regeneration scheme will bring a much-needed sense of place to the area and a wealth of opportunity to the local community."
Work on the six hectare site will start in the last quarter of this year with the aim that it will reconnect the areas north and south of the A13 flyover. The scheme forms part of the London Borough of Newham's £3.7 billion Canning Town and Custom House regeneration programme.
The entire town centre scheme includes approximately 1,100 mixed tenure housing units, over 30,000 square metres of leisure and retail space and over 5,000 square metres for community facilities. The whole scheme is scheduled to be completed by 2023.
“To be delivering a new, £600m town centre scheme in the current market is a huge achievement," said Clive Dutton, Newham Council’s executive director for regeneration and inward investment. "It is further evidence that East London and Newham in particular are at the heart of London’s future economic growth.”
The first phase of the scheme comprises 179 residential units of private and affordable housing, retail and a Morrisons supermarket of over 7,000 square metres. The masterplan provides for a comprehensive, mixed use development consisting of town centre uses within a gross external floor area of 191,530 square metres, excluding basement zones.
Such uses will encompass retail, including food and drink, offices, leisure, hotels, student accommodation, and health and community functions. The outline proposal sought approval for 1,130 residential units, including extra care apartments.
