Posted 01.11.16
London Mayor, Sadiq Khan announced two more sites that Transport for London (TfL) will bring forward as part of his plan to fast-track public land to deliver more genuinely affordable homes for Londoners.
He has sped up the building of new homes on land owned by TfL after it identified the potential for up to 10,000 new homes at 75 sites across 300 acres of its land.
Sadiq Khan said:
"It is unacceptable for sites to sit unused when our city is crying out for more housing.
The two sites announced are at Landmark Court in Southwark and Fenwick South, near Clapham North station, in Lambeth, both of which have the capacity to deliver new homes alongside commercial and retail space.
Fenwick South will deliver a community centre and 55 new homes, all of which will be social housing. TfL is delivering the project on land owned by Lambeth Council as part of a planning agreement, although there was no obligation to build out the homes until 2025. In line with the Mayor's commitment, TfL will now fast-track this site, with work expected to begin early next year.
Landmark Court, which is in walking distance from Borough Market and London Bridge station, has the potential to unlock more than 25,000 sqm of development. The site has potential for mixed use development, including commercial and retail space, and potentially more than 100 homes, of which at least 35% will be affordable. TfL has today launched the tender for developers and is aiming to have a partner identified early next year to develop the site.
