Wednesday, 3 April 2013

London is heading east


Perhaps the City of London will once again be the city centre of the English capital as the east is becoming more and more popular for developers?



First the Olympic park, then the Enterprise zone by the Lower Lea river Valley, followed by the cable cars between the Royal Docks and the Greenwich peninsula and now the regeneration of Abby Wood. The south east London train station will become the final stop of the Cross rail’s south east branch and has recently had planning permission approved for 200 new homes, private and affordable, 100 bed hotel, a public square and a nursery. The Cross Quarter scheme will also include start up business accommodation and a large Sainsbury’s supermarket.

An artists' impression of the Cross Quarter regeneration

The development is to be built on a Brownfield site north of the station and is due to be completed in 2018. This is a good use of derelict land which will enhance the area which has rich Greenfield land in Lesnes Abby Wood nature reserve to the East and Bostal Wood to the west. The area to the north near South Mere has experienced antisocial behaviour which the council are looking to decrease through improving housing stock, better transport and a safer environment for pedestrians. Gallions Housing Association already own and manage housing stock in this area and with Development Securities, Berkshire Investment Capital they are now increasing their stock to support the future Cross rail station.

http://www.cqabbeywood.co.uk/index.html