Peabody £120m plans approved
Housing provider Peabody has secured planning permission for the £120 million regeneration of a south London estate.
Wandsworth Council agreed to the proposals for St John’s Hill Estate, adjacent to Clapham Junction railway station, last week.
Peabody will build 527 homes of which 278 will be affordable housing - a mix of social rent and intermediate housing - and 249 for private sale.
The plans also comprise building a community ‘hub’ which would include a café, club room, crèche, learning and function rooms, plus more than 400 square metres of commercial space.
Peabody chief executive Stephen Howlett said: ‘This is the culmination of five years of very hard work and I’m really delighted with the outcome which shows that we are genuinely putting our vision for Peabody communities in the 21st century into action.
‘The development will have wide-reaching, hugely beneficial effects on Peabody’s estate as well as on the wider community, and will make a real difference to the lives of a very large number of people into the future.’
Peabody consulted with residents closely as well as other local groups and the council. The planning application was advised by Indigo Planning and designed by architects Hawkins/Brown.
The housing provider submitted the application in March. It will now be referred to the mayor of London for final approval but is expected to be given the green-light due to positive feedback from the Greater London Authority during the consultation period.
Peabody expects work to start soon, as long as final approvals are granted, and the first part of the development is vacated.