On behalf of Convoys Property Limited, Farrells has been granted planning permission by the London Borough of Lewisham for the first phase of Convoys Wharf, a £1bn regeneration scheme on the Royal Docks in Deptford.
As the first of 22 plots within a large-scale consented masterplan by Farrells, the site will include a new-build residential block comprising 456 one and two bedroom apartments, with a retail offering at ground level. A communal courtyard and car parking will also be created as part of this phase.
Mike Stowell at Farrells comments;
“The regeneration of this former brownfield site creates a fantastic new opportunity for Deptford releasing to the local community new public realm, cultural, commercial and education opportunities and new greenspace. There is the additional important benefit of releasing 500m of the borough’s riverfront to the public for the first time in 500 years. We are looking forward to developing the first phase of this long-awaited scheme and working with the local community on the next phases”
The redevelopment of Convoys Wharf will transform a formerly inaccessible site, offering a new waterfront, a new 1.5 acre park on an existing pontoon on the River Thames, cultural and commercial amenities, along with approximately 3,500 high-quality residential properties. It will include three acres of new public parks, a new school, space for cultural usage, a range of shops, restaurants and cafes, as well as link to and enhance the existing High Street in Deptford and the historic town centre and create 2,000 full time jobs and 1,200+ construction jobs.
The masterplan is predicated around the surviving archaeology and the rich heritage of the site as a Royal Shipyard. There has been extensive public consultation from the beginning of the masterplan which will continue through the various phases of the development.