A joint venture between commercial developer Amec and housebuilder Taylor Woodrow has been picked to transform Lewisham town centre in south-east London.
The £250m scheme will include 1000 homes, but the number of affordable homes has yet to be decided. A new town square will also be created by ripping out the current bus station and inserting a modern transport interchange.

The London Development Agency, Lewisham council and Transport for London selected the joint venture, which will be part-funded by £15.9m of single regeneration budget cash. Tony Winterbottom, director of regeneration and development at the London Development Agency, said the deal would secure the borough's economic future.

Charlie Fulford, project director at the joint venture company Lewisham Gateway Developments, said: "It's about knitting a real town centre into the station, whereas now it is severed by a huge roundabout."

Amec and Taylor Woodrow beat Berkeley Homes, Bellway and private finance initiative specialist Vinci to the job.

The joint venture's plan covers 93,000 m2 of retail, office and public space as well as the housing. The project is set to start on site in 2006.

Source

Housing Today