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Green light for Deptford mixed-use scheme

New plans for renovation and regeneration works in Deptford's Faircharm Quarter have been given the green light by the local authority.

Developer Workspace Group has received consent for the company to go ahead with the construction of a new £20 million mixed-use development in the heart of the London borough, with a range of new 12-storey residential properties forming the backbone of the plans.

A new 52,000 sq ft Business Centre will also be built, with the scheme aimed at helping to boost inward investment in the area and also to draw in new small businesses.

Jamie Hopkins, chief executive officer of Workspace, said: "The Faircharm development will provide tailored space to the needs of small creative businesses, a capability which is at the heart of Workspace's key strengths."

Further improvements are to be made to the local area as part of the scheme, including the creation of new green spaces and the redevelopment of Deptford Creek.

As part of the approval process, Workspace made a commitment to help to support the local business community, improve health services and contribute to ongoing developments as part of the Crossrail project.

Work on the project will get underway in the coming months, with Workspace working alongside Furness Partnership and Hoare Lee the M&E consultant.

Meanwhile, a new £100 million residential scheme has also been given the go ahead by local planners in Fulham, with developer Mount Anvil to be responsible for the creation of up to 100 new homes in the area - many of which will be available for private purchase at discounted rates for buyers.

Jon Spring, land director at Mount Anvil, commented earlier this week: "For Mount Anvil this represents our first step into the high value West London market. It adds yet another dimension to our already robust and rapidly expanding portfolio." 

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