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Private equity-backed developer submits first regen plans

Developer Anthology has submitted a proposal to Lewisham Borough Council to redevelop a disused trading estate in Deptford, south London, as the firm moves ahead with its ambitious housebuilding plans.

Anthology, backed by US private equity firm Oaktree, bought the former Arklow Road Trading Estate last year as part of its growing pipeline of residential developments.

In April, the developer selected a panel of four contractors – Bouygues, Galliford Try, John Sisk & Son and Wates – to build out its pipeline, which it hopes will deliver up to 800 homes a year by 2020.

If approved, Anthology will create a new community consisting of 316 homes and 30,000 sq ft of employment space.

Designed by Rolfe Judd Architects, Deptford Foundry will include a mix of facilities, featuring social rented and open market homes alongside commercial units, creative studios, offices, day centres and leisure space.

The development will also include new play spaces on site and green features to promote biodiversity around the scheme. It will be built on 1.2 ha of brownfield land on the site of the former estate and adjoining Network Rail-owned land.

Anthology held a public consultation in April to offer the local community the opportunity to provide feedback on the redevelopment plans.

Executive director Adam Gaymer said: “We have been working collaboratively with local residents and the council for the past 12 months, evolving and refining plans to maximise the potential of this vacant site to make a vital contribution to the local neighbourhood.

“At the moment this site is unloved. We want to seize the opportunity to realise the potential of this land and to enhance the existing community by becoming a thriving new neighbourhood.”

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