In recent years, the London Borough of Southwark has witnessed significant development projects, none more ambitious than the New Bermondsey scheme. A transformative project spanning 30 acres, New Bermondsey aims to revitalise an underused industrial site, bringing new homes, enhanced transport connections, sports facilities, and job opportunities to the area. Alex & Matteo Estate Agents are here to guide you through this exciting development, offering insights into what this project means for potential homeowners and investors.
1. Housing Development: The New Bermondsey scheme plans to deliver 3,500 new homes, significantly up from the original 2,400 proposed in 2012. Of these, 35% will be affordable housing, addressing the critical need for more accessible homes in London. The homes will be constructed in towers ranging from 13 to 44 storeys, creating a modern skyline while providing high-quality living spaces for residents. Each home is designed with sustainability in mind, featuring district heating, rainwater harvesting, and an innovative vacuum waste system to maximise recycling and minimise environmental impact.
2. Enhanced Public Spaces: The development promises to open up new public spaces and improve existing ones. Thirteen new public spaces, including enhanced railway arches and underpasses, will provide well-lit walking and cycling routes. The existing park at Bridgehouse Meadows will see significant improvements, creating recreational opportunities for residents and the local community. A variety of greenery at multiple levels, from ground floor to rooftop gardens, will ensure that residents enjoy a blend of urban and natural environments.
3. Improved Transport Links: One of the standout features of the New Bermondsey project is the introduction of new transport connections. A proposed Overground station on Surrey Canal Road will link the area to central London and Canary Wharf, making commuting easier for residents. Two new bus routes will further enhance connectivity, reducing reliance on cars and encouraging sustainable travel options. This improved infrastructure is set to integrate New Bermondsey seamlessly with surrounding neighbourhoods, making it a highly accessible and desirable location.
1. State-of-the-Art Sports Complex: New Bermondsey will host a new indoor sports complex designed to cater to a wide range of activities. Facilities will include multi-use sports halls, a swimming pool, a gym, and a community youth club. The complex aims to become a hub for local sports, promoting health and wellbeing among residents. All of this will further boost the area’s appeal.
2. Supporting Local Clubs: The development will support local sports clubs such as the London Thunder Basketball Club and the Fusion Table Tennis Club by providing rent-free warehouse space. These clubs, which have significantly grown their memberships, will benefit from enhanced facilities, enabling them to continue their valuable community work.
1. Job Creation: The New Bermondsey scheme is set to create up to 1,250 jobs, including construction roles and positions within the new commercial spaces. The development will include shops, bars, cafes, and restaurants, fostering a vibrant local economy. Spaces for digital, health, childcare, sports, and creative industries will further diversify job opportunities, making New Bermondsey a thriving economic hub.
2. Millwall FC’s Vision: Millwall Football Club will also benefit from the development, with plans to bring forward their own vision for the land surrounding the stadium. This collaboration between the developers and the football club ensures that the project supports both residential and sporting aspirations, enhancing the area’s overall appeal.
1. A Rich Industrial Past: The New Bermondsey site has a rich history, dating back to the arrival of the Grand Surrey Canal in 1807 and the London and Greenwich Railway in 1836. Over the years, the area has evolved from arable land to a bustling industrial zone, then to residential neighbourhoods. The new development honours this heritage while paving the way for future growth.
2. Preservation and Innovation: By integrating the site’s industrial heritage into the new design, the developers ensure that New Bermondsey retains its unique character. The exoskeleton design of the towers, for example, not only provides structural benefits but also pays homage to the area’s industrial past.
1. Initial Development: The first phase of the New Bermondsey development includes 600 homes for rent, with 200 designated as affordable. These homes, housed in three identical 32-storey towers, are designed with long-term tenants in mind. Each home features a balcony or winter garden, access to communal gardens, and secure cycle parking. The building’s sustainable design, with features such as district heating and rainwater harvesting, sets a high standard for future phases.
2. Community Amenities: Phase 1 also includes an 800-seat auditorium and a café, enhancing the community feel of the development. Residents will enjoy a vibrant, interconnected neighbourhood with ample opportunities for social interaction and leisure.
The New Bermondsey development represents a significant step forward for Southwark, transforming an underused industrial site into a thriving, sustainable community. With its focus on affordable housing, enhanced public spaces, improved transport links, and state-of-the-art sports and community facilities, New Bermondsey is set to become one of London’s most desirable neighbourhoods.
At Alex & Matteo Estate Agents, we are excited to help you navigate this transformative project. Whether you are looking to buy, rent, or invest, our team is here to provide expert guidance and support. Embrace the future of Southwark with us and discover the opportunities that New Bermondsey has to offer. Contact us today to learn more about this exciting development and how it can benefit you.