Lambeth: Redevelopment will see new homes and a school constructed in the borough
New homes and a school are set to be built in Lambeth, thanks to ambitious plans unveiled by the borough council.
The council has given the green light for the redevelopment of the Keybridge House site in Vauxhall. This is set to bring around 100 jobs and 419 new homes to the area, along with space secured for a new two-form entry primary school.
Lambeth Council say that this will help to meet the demand that will be created by the predicted population growth in the area.
The Keybridge site used to be a purpose-built telecommunications centre operated by BT.
However, that centre is now to be demolished and in its place, five new blocks will be constructed.
The blocks will range from four to 36 storeys in height and will be a mix of residential, retail and office space. Two of the blocks will be 73 metres and 128 metres high respectively.
Commenting on the developments, Councillor Lib Peck, Lambeth Council leader, said that the scheme will also make provisions for those families struggling to afford accommodation.
He added: "This scheme obviously falls short of the affordable housing we would normally accept but in exchange the council has secured the site for a primary school. Robust and independent viability assessments show that this is actually a good deal for local people, and allows us to plan sensibly for future pressure on school places.
"The affordable homes that are included will be of a very high standard and are big enough for families, which is what we need most in the borough."
The reason for the slightly lower availability of affordable homes as part of the project, is due to an agreement by the council whereby in order to secure the land for the new school, they would accept a reduced affordable housing offer subject to a thorough viability assessment.
However, 19 affordable family size homes will be provided, all with outside amenity space.
Published 24th February, 2014
© 2014 Estates IT Limited
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New homes and a school to be constructed in Lambeth