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02/10/2019

Canada Water masterplan approved

Words: Laura Edgar
Canada Water town square / British Land

Southwark Council’s planning committee has granted planning permission for a mixed-use masterplan to create a new town centre in Canada Water, London.

The decision was in line with the council’s planning officer’s recommendation.

British Land’s 53-acre scheme comprises:

  • Two million square feet of workspace that is expected to accommodate 20,000 jobs.
  • One million square feet of retail, leisure, entertainment, education and community space.
  • 3,000 homes, 35 per cent of which have been designated as affordable.
  • 12 acres of open space, including a 3.5-acre park.
  • A town square, a new high street and 16 other streets.

The approval follows five years of engagement and consultation with the community in and around the plan area, as well as the council and British Land entering into a conditional master eevelopment agreement with British Land in 2018.

British Land said wellbeing is embedded in the masterplan and the building would support low-carbon living.

The planning permission also covers the delivery of the first three new buildings in the masterplan. These will deliver 265 new homes, a leisure centre, new public spaces and 330,000 square feet of workspace.

Peter John, leader of Southwark Council, said: “The masterplan provides the blueprint for an exciting new town centre that will provide thousands of new homes, particularly hundreds of new social rent homes, new jobs and opportunities, new open spaces and a brand new leisure centre for Rotherhithe in the first phase of the work. We look forward to working with British Land over the next few years to bring forward the plans and making sure our local residents are the beneficiaries of the opportunities the regeneration will provide, as laid out in the Canada Water Social Regeneration Charter.”

Chris Grigg, chief executive of British Land, added: “We have an incredible opportunity at Canada Water to create a vibrant neighbourhood for people to live in, work and enjoy. We’re hugely excited about delivering this exceptional, mixed-use and sustainable landmark development, which has been designed to support people’s wellbeing.”

 Image credit | British Land

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