09 January 2014

Braeburn Estates, a JV between Canary Wharf Group and Qatari Diar, is working up plans for around 70 affordable homes, a new nursery and green spaces on land in SE11

Estates Gazette
Shell Centre JV eyes Lambeth homes
Lollard-Street-resi-scheme-570

The joint venture behind the proposed redevelopment of the Shell Centre will this week launch a consultation on a major off-site affordable housing scheme in Lambeth.

Braeburn Estates, a joint venture between Canary Wharf Group and Qatari Diar, is working up plans for around 70 affordable homes, a new nursery and green spaces on land around Elkington Point, Brittany Point and the Ethelred Nursery, SE11.

The London Borough of Lambeth owns the freehold to the site, which currently comprises a trio of tower blocks known as the Ethelred towers, developed between 1969 and 1972.

Braeburn plans to develop a residential tower on the site that will be slightly shorter than the existing 20-storey buildings, as well as new low-rise flats and houses.

The site is bordered by Kennington Conservation area to the south and east and by the Walcot Conservation Area to north.

Lollard-Street_-resi-2-570

The Ethelred Estate, which has undergone significant refurbishment in recent years, is one of the largest housing estates in Lambeth.

It was identified for an off-site affordable housing scheme by the partners last year and a soft consultation took place in the summer.

A series of public consultations with the local community will begin on 9 January.

The Shell Centre scheme, which is currently the subject of a public enquiry expected to report in the spring, will create almost 800 new private homes together with 168 affordable houses and 52 extra care units for the elderly and disabled.

Braeburn has proposed building 98 affordable houses, including 52 extra care and 46 intermediate, on site, with around 70 affordable homes off-site at the Lollard Street scheme.

A spokesman for the developers said: “We are hopeful that we will have the outcome of the recent public inquiry within the next few months. If we are given the green light to proceed we would anticipate starting on site later in the summer, such that our timetable for delivery is not significantly impacted.”

The joint venture is acting as development partner to Lambeth for the scheme. Darling Associates is the master planner.

jack.sidders@estatesgazette.com

No comments: