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TfL agrees deal to develop surplus land site

TfL agrees deal to develop surplus land site

Transport for London (TfL) has announced the name of its preferred bidder for a joint venture to create a mixed-use development on surplus land it holds at Kidbrooke in south-east London.

It has revealed that Triangle London Developments is its preferred partner to carry out the project at the four-acre site, close to Blackheath and Eltham. This will see 400 homes being built, half of them classed as affordable.

Lying just north of Kidbrooke Railway Station, the site will also include new commercial space, a village square and a transport interchange. Subject to planning permission, construction work at the site is expected to start this year, with the first homes being available for sale in 2020.

The land is being made available for development by TfL as part of a policy launched by London mayor Sadiq Khan after he took office last year. Other projects include the Landmark Court project in Southwark, where 35 per cent of the new homes built will be affordable, and Fenwick South in Lambeth, where 55 social homes will be constructed.

Commenting on the Kidbrooke development, deputy mayor for housing and residential development James Murray said: "The mayor is determined to fast-track more public land for development and to ensure at least half the new homes across TfL’s portfolio of sites will be genuinely affordable.

"Kidbrooke is a site that has sat unused for the last eight years, so I welcome this joint venture and I look forward to seeing work gather pace to deliver new affordable homes for Londoners to buy and rent."

Last November, Mr Khan announced plans to build 90,000 new affordable homes in the capital. This included using spare TfL land. He also pledged that 35 per cent of new homes built while he is in office will be affordable, compared with just 13 per cent under his predecessor Boris Johnson.

Image: iStock

 

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