Biscuit Factory
Welcome to the Alex and Matteo Estate Agents Spring 2024 update! As we step into a new season, we are excited to share the latest developments in the Canada Water and Bermondsey areas, two of London’s most dynamic neighbourhoods. Both projects promise to bring significant enhancements to the local communities, offering new homes, workspaces, and vibrant public areas.
The Canada Water Development is making significant strides, with recent consultations providing a platform for public input on the latest proposals. The consultation period, which ran from 11th to 24th March, showcased detailed plans for Plots B1, B2, and D1. Here’s a summary of the key developments:
Canada Water
Workspace and Retail: These plots will offer 33,000 sq m of workspace and new retail space, creating a bustling hub for businesses and job opportunities. The ground floor retail space is designed to meet the needs of the local community, enhancing the area’s commercial appeal.
Community Impact: The development aims to boost the local economy by providing diverse shopping options and fostering a vibrant business environment.
Flexible Workspace and Retail: Plot D1, situated on the edge of Canada Dock, will provide 15,000 sq m of flexible workspace with shops and food/drink outlets on the ground floor.
Rooftop Experience: The rooftop will feature a public space with a restaurant or café, offering stunning views of Canada Dock. A separate rooftop area will be available for workspace tenants, creating a unique blend of leisure and work environments.
The public consultation also covered plans for a new basement accessed from Surrey Quays Road, landscaped areas around the plots, and updates on the Prince of Orange Walkway. Detailed plans are now prepared for a new Reserved Matters Application (RMA) to Southwark Council, ensuring that the community’s feedback is considered in the final designs.
The Bermondsey Development is also progressing impressively, with Greystar Real Estate Partners securing planning consent for enhancements to the Bermondsey Biscuit Factory site. This build-to-rent development will significantly contribute to the area’s regeneration.
Additional Homes: The amended plans include 88 additional homes, increasing the total to 1,624 high-quality residences. This addresses the critical housing shortage in the area.
Affordable Housing: The development will see an increased provision of affordable housing, making it accessible to a broader range of residents.
Charter School Bermondsey: The new school building was completed in January 2024, facilitating the commencement of on-site works.
New Community: Located in Zone 2, the development will offer a mix of rental homes, a secondary school, play areas, cultural and retail spaces, all integrated into the existing neighbourhood.
Public Spaces: Enhanced public spaces include a 115% increase in play areas and the addition of 75 trees, promoting sustainability and community interaction.
Engagement and Opportunities: Greystar has committed to collaborating with local businesses, residents, and community groups, driving footfall to the town centre and providing training and employment opportunities.
These updates reflect our commitment to keeping you informed about the transformative projects shaping the future of Canada Water and Bermondsey. Stay tuned for more updates from Alex and Matteo Estate Agents as these exciting developments progress.
For further information or to discuss property opportunities in these areas, please contact our team. We are here to help you find your perfect home or investment opportunity in London’s thriving neighbourhoods.
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