Mayor of London Boris Johnson has approved Terry Farrell’s £1bn Convoys Wharf scheme in Deptford, south-east London.
The masterplan for the 40-acre site, submitted last May for outline planning, includes 3,500 new homes, shops, restaurants and public space.
A plea from the scheme’s developer Hutchinson Whampoa resulted in the application being ‘called in’ by the mayor in October, after Lewisham Council’s 16-week period to make a decision expired.
Mr Johnson said: “We need to build thousands of new homes in the capital and proposals to do that at Convoys Wharf have stalled for far too long.
“I am pleased that we have been able to work on a scheme that will have enormous social and economic benefits for local people while preserving the heritage aspects of the site.”
Planning approval includes a section 106 agreement that requires City Hall planners to meet with Lewisham and Hutchison Whampoa to come up with an alternative scheme for Sayes Court Garden, and to build a community centre with a primary school at the centre of the site.
This will include shops, restaurants, 525 affordable homes and a new riverside jetty park forming part of an increased area of public space.
The developer has also been asked to fund a feasibility study into the building of a replica of the Lenox warship that was built on the site, looking into how it can be incorporated into the regeneration of the historic site.
The site in Deptford, which has been derelict for the past 14 years, is said to be one of the largest potential sites for new housing in the capital.
(This article first appeared in Construction News’ sister title the Architects’ Journal).