Old Kent Road's transformation from industrial arterial route to destination boulevard has been hastened by Southwark Council's approval of a scheme for 1,100 homes on the Cantium Retail Park.
The scheme, submitted by Aviva Investors and Galliard Homes, will replace retail sheds including a B&Q with three towers of 48, 37 and 26 storeys, including 363 homes earmarked as ‘affordable’ (237 for rent, and 126 for shared ownership). The existing retailers have been offered space in the car-free development.
Section 106 contributions would be used to push forward council plans for Frensham Street park, and to improve bus capacity before the Bakerloo line extension.
The high-rise scheme will join the Farrell-designed Ruby Triangle project, of over 1,000 homes, for developer Avanton, approved in October and comprising four residential towers ranging in height from 17 to 48 storeys, or 170m.
To help the local community keep track of the pace of development, Southwark Council has launched a new website about the 20-year investment programme along the three-mile long Old Kent Road, with information on plans for its future, the Bakerloo line extension, businesses, and a planning applications map. Visit oldkentroad.org.uk, the new interactive website.
Visit oldkentroad.org.uk, the new interactive website
"We've already surpassed one degree of global warming," said Kristen Buida, manager of the London Climate Change Partnership.