Native Land and Grosvenor have completed the remaining three affordable housing developments of the NEO Bankside scheme, in partnership with Affinity Sutton. The 57 residences comprise a total of over 46,000 sq ft of new build social rented and shared ownership homes in Southwark. The completed units, which comply with Lifetime Homes Standards, are part of their landmark NEO Bankside scheme on London’s South Bank.
23 social rented units comprising one to four bedroom flats have been delivered at Abbey Street, adjacent to Bermondsey Square.
The former Whitstable Day Nursery at Stevens Street has been re-developed to provide a mix of social rented and shared ownership tenures across 25 flats.
Nine large four-bedroom houses with private terraces and gardens have been completed on a brownfield site, the former Alice Street car park off Tower Bridge Road.
The affordable housing units are part of Native Land’s intention for NEO Bankside to be part of a vibrant mixed community on Bankside, and will add to the regeneration of the South Bank area.
Alasdair Nicholls, Chief Executive of Native Land, said: “We first acquired these sites in April 2010 and have worked closely with Southwark Council in order to revive and regenerate these underused plots. In partnering with Affinity Sutton, Native Land and Grosvenor are proud to be able to provide much needed affordable family homes to the local community.”
In April 2012, the first affordable housing scheme at Lorrimore Road was completed.
Construction work is well underway on a remaining site on Old Kent Road, scheduled to complete in Q1 2014 and providing an additional 64 affordable homes to the London Borough of Southwark.