115 of play space.
Great place to live with kids.
The Bermondsey Project, managed by Greystar looks to be viewed with relative significance in the outskirts of London. Situated in the vibrant and historically rich area of Bermondsey, this Build to Rent (BTR) development is designed by well-known AHW architects HTA, Hawkins / Brown AFK. Looking to tackle a severe undersupply of quality rental housing, the venture will see 1,624 new units constructed along with improvements to social homes.
The Bermondsey Project is not just a housing project, it's an all-encompassing community initiative. Sitting on the borders of Zone 2 London, this development fuses brand new homes with vital facilities for local living. New amenities such as a secondary school, more playspaces and cultural facilities have been stitched carefully into the established neighborhood.
A key characteristic of the Bermondsey Project is that it will set out to deliver sustainable and inclusive public realm. The development is expected to deliver 115 of play space and create tree planting areas for a further 75 trees. The park improvements are part of the continued efforts to encourage community engagement and ensure that residents have a well-maintained, green space in which they can live.
The Bermondsey Project's site has a colourful past. Previously the site of the Peek Frean Biscuit Factory and Lewisham Southwark College The historic backdrop of this area brings the new addition a significant cultural context.
The Bermondsey Project stands to make a significant economic and social contribution for the local community. The 150,000 sq ft of flexible employment space will bring even more people to the area and open up new markets for local suppliers. Plus, it will open up new employment channels and help create a thriving economy for Bermondsey too.
An innovative residential project for greystar, the bermondsey project takes a contemporary approach to modern living and introduces facilities that promote community spirit. The project fulfils a pressing housing demand for better quality rental homes whilst providing public benefit in both improved residential conditions and wider social and economic contributions to Bermondsey. The Bermondsey Project is expected to raise the bar of urban living in London upon its completion by 2025.
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A defining feature of the Bermondsey Project is its commitment to creating a sustainable and inclusive public realm. The development aims to provide thoughtfully designed spaces that promote accessibility and environmental responsibility, enhancing the area for residents and visitors alike. This vision underscores the project’s dedication to building a vibrant and welcoming community.
The Bermondsey Project is set to enhance the community with 115 square metres of dedicated play space, providing a family-friendly environment for local residents. In addition, the development will contribute to the area's greenery by introducing planting zones for 75 new trees, creating a more sustainable and vibrant public space. This focus on green infrastructure is part of the project's wider commitment to improving the quality of life for all who live and work in the area.
Greystar Real Estate Partners has successfully secured a £600 million debt facility for its Bermondsey Project development. The financing was arranged through a consortium of four lenders, demonstrating strong financial backing for this major development initiative.
2024 March: Greystar secures approval from Southwark Council for the BTR scheme.
2020 February: The Deputy Mayor of London approves the proposals for Bermondsey, following the Mayor of London's decision in May 2019 to call in the application and act as the planning authority.
2017: Planning application submitted for the comprehensive redevelopment of the site.
Planning and Development
The 2017 planning application outlined a vision for the site that included the demolition, alteration, and extension of existing buildings to create a mixed-use scheme. This scheme provides up to 1,217 residential units, flexible retail and food spaces, business and industrial floorspace, community and leisure facilities, and a new secondary school. The development ranges from 4 to 28 storeys in height and includes a single-storey basement for parking and services.
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