Native Land has agreed terms with The London Fire and Emergency Planning Authority (LFEPA) for the purchase of its 2.5 acre Headquarters site at 8 Albert Embankment, SE1. The terms provide for a structured land payment arrangement linked to the outcome of planning negotiations.
Further to an exchange of contracts, Native Land will submit a planning application to London Borough of Lambeth for up to 500,000 sq ft mixed use accommodation, incorporating both private residential and mixed tenure affordable housing together with 50,000sqft of commercial space.
The building has been in continual use by the London Fire Brigade and predecessor authorities since 1937 and a feature of the deal is an agreement for the Brigade’s memorials to be retained, whilst providing a newly refurbished 21st century community fire station fronting onto Albert Embankment.
Native Land have appointed an experienced and an imaginative design team led by Lifschutz Davidson Sandilands, who have particularly strong credentials in this part of London.
Alasdair Nicholls, Chief Executive, Native Land, commented: “8 Albert Embankment is a significant river frontage site and together with ‘Project Bankside’ this new scheme will reinforce our position as a major stakeholder in London’s emerging South Bank regeneration story.”
Drivers Jonas acted for LFEPA and Native Land were advised by Montagu Evans.