London Square has begun the construction of over 700 new homes, with 50% affordable housing, at the London Square Woolwich development in the heart of the South East London town centre.
Councillor Anthony Okereke, the leader of the Royal Borough of Greenwich, was welcomed to the site by London Square’s managing director north, Sean Gavin, to start the excavations. They were joined by Councillor Majid Rahman, cabinet member for planning estate renewal and development, and Victoria Geoghegan, assistant director of planning & building control.
London Square acquired phases three and four of the Woolwich Central scheme last year. The 4.49-acre site will deliver new homes, shops and offices, bringing a new focus to Woolwich High Street and the town centre.
The mixed-use development will feature green spaces and a new public square, with a 15-storey tower of 122 homes for private sale, five blocks of affordable homes and three blocks of homes for private sale in a landscaped setting. The Formation Architects designed scheme includes 18,405 sq ft in total of commercial space plus community amenity space.
London Square says that the Woolwich development will appeal to first-time buyers in search of high-quality homes at relatively affordable prices and will attract young families with school options at both primary and secondary levels. The housebuilder also says that the scheme will address the strong demand for homes in Woolwich due to its excellent transport links into central London and the city. Woolwich station on the Elizabeth Line is 400 metres from the site and Royal Arsenal station on the DLR is 150 metres away, while City Airport is close by.
Cllr Anthony Okereke said: “It was a pleasure to join London Square and mark our shared commitment to delivering high quality, sustainable homes, including a significant number of much needed affordable homes. I look forward to seeing this exciting next step in the transformation of Woolwich.”
Adam Lawrence, chief executive officer at London Square, said: “We are delighted to be working with the London Borough of Greenwich to deliver over 700 new homes in Woolwich town centre, and help to revitalise the high street area for local people and businesses. This will be our second development in Greenwich in the past five years and it reflects our commitment to playing a key role in helping to alleviate the continued housing shortage in Greater London.”
