A proposal for a £500 million redevelopment in Bermondsey
looks set to be thrown out because of its lack of affordable housing. The project
would provide up to 1,342 private rented sector flats, plus 10,000m2 of
office space, retail and leisure space and a replacement secondary school, all
in buildings up to 28 storeys high. But planners said the
applicant had failed to reach an agreement on ‘critical issues’ including the
affordable housing and the quality of some of the homes. The affordable housing
offer would be in the form of discounted rent, with just over a quarter (27.5
per cent) of the units let at 25 per cent below market rents. Read more on the
Architect’s Journal website.
https://www.architectsjournal.co.uk/news/kpfs-500m-bermondsey-scheme-faces-rejection-over-lack-of-affordable-homes/10039443.article
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