Royal Borough of Greenwich approves first 500 of 10,000 homes
Developer Quintain has won detailing planning approval for the first homes in its 10,000-home plan for the transformation of Greenwich Peninsula in South-east London.
Quintain has won planning for the first 506 homes, desgined by Jestico + Whiles and C.F. Møller.
Construction will begin in summer 2013, with completion expected in early 2015.
Quintain announced a joint venture with Hong Kong investor Knight Dragon last June, injecting renewed life into the regeneration project.
Max James, chief executive of Quintain said: “We are delighted that the Royal Borough of Greenwich has granted detailed planning consent for 506 homes at Peninsula Riverside.
“This decision paves the way for construction work to start on site this summer delivering new jobs and homes; a positive step in transforming the vision for Greenwich Peninsula into reality.”
Anthony Gill, development director for Greenwich Peninsula said: “The Peninsula Riverside development will continue the unstoppable momentum East London has enjoyed since the Olympic Games.
“The combination of affordable riverside living, just one tube stop from Canary Wharf and within 15 minutes’ reach of the West End, ensures Peninsula Riverside will become one of the most exciting new housing schemes in London.”