A reserved matters planning consent has been granted for the second phase of development at Gallions Quarter.
Galliford Try Partnerships will develop the site in joint venture with Notting Hill Genesis. The planning decision grants permission to construct 241 new homes in three new apartment blocks, alongside more than 1,500m2 of non-residential space. Of these, 47 homes will be affordable rent, 48 available for shared ownership and 146 for open market sale. Additionally, the site will include a new public square, new recreation areas, and shops and cafes.
Gallions Quarter, located between the Royal Docks and the River Thames near Beckton, will eventually provide up to 800 homes. It forms a key part of the wider Royal Albert Wharf regeneration. Once complete, the entire site will provide in excess of 1,800 new homes, creating a vibrant new neighbourhood.
Stuart Brodie, Managing Director of Galliford Try Partnerships London, commented: “Gallions Quarter has a major role to play in the wider regeneration here at Royal Albert Wharf. Working in partnership with Notting Hill Genesis, our plans will transform this area into a vibrant mix of new homes and commercial spaces.”
Kate Davies, Chief Executive of Notting Hill Genesis, added: “Our regeneration of this underused part of London is proving a great success, with families already making the most of quality, spacious homes and Royal Albert Wharf winning a number of prestigious awards. We are committed to continuing this success with Gallions Quarter and are excited to get started on the new homes, of which 40 per cent will be affordable housing.”
Telford Homes Plc has completed the purchase of United House Group Holdings Limited interest in Gallions Quarter.
Gallions Quarter is a multi-phase development adjacent to Gallions Reach DLR station near Royal Albert Dock. The development is controlled by Notting Hill Housing Group ("NHHG") and Telford Homes is acquiring a 50 per cent interest in two of the phases to be developed in partnership with NHHG. NHHG and Telford Homes have already established a strong partnership on many other developments including a joint venture at Chobham Farm, Stratford. The first of these phases has a detailed planning consent for 292 new homes, which are due for completion in 2020. The second phase, which will commence after phase one has completed, has outline consent for a further 254 new homes. The area around the Royal Docks is experiencing significant regeneration and substantial commercial investment following the construction of a new Crossrail station at Custom House, which is due to open in 2018.
Jon Di-Stefano, Chief Executive of Telford Homes, commented: “The Board is very pleased with the progress made since September 2015 across all of the sites acquired from UHGH and we look forward to their successful development over the next few years.”