Notting Hill Genesis also working on deal whcih will include 800 homes at its heart

Plans for a £400m regeneration of the middle of Woolwich by a team of architects including Glenn Howells and Purcell have been given the green light by local planners.

Drawn up by developer St Modwen and housing association Notting Hill Genesis, the Woolwich Exchange will feature just over 800 homes along with a nursery, children’s play areas and workspaces as well as new public space.

woolwich

The scheme is planned for the middle of Woolwich

Others working on the deal include Panter Hudspith and HTA which is behind the landscaping. Planning consultant is Lichfields.

The work will include revamping the grade II-listed former covered market which will be turned into a five-screen Picturehouse cinema, along with cafés, bars and restaurants.

Woolwich Exchange sits between the Royal Arsenal Riverside development, which includes the forthcoming Elizabeth line’s Woolwich Station, and the Woolwich Arsenal DLR and National Rail stations.

St Modwen and Notting Hill Genesis were appointed by Greenwich council with construction due to begin in 2023.