by Natalie Vincent Thu 24 May 2018, 4:39 pm
Lambeth Council has approved housing association Metropolitan's proposal to build more than 2,500 homes and a wide range of community facilities at Clapham Park.
The £1.6 billion regeneration of Clapham Park transferred from Lambeth Council to the housing association Metropolitan more than a decade ago following a residents vote. To date, more than 500 new homes have been built and 700 refurbished by Metropolitan.
The approval means the company can now move forward to the final stage of the planning consent process, which is expected to be completed in the coming weeks.
Geeta Nanda, chief executive of Metropolitan, said: "The planning committee approval is very positive news for the residents and our partners in this long-term project. We all want Clapham Park to be a revitalised, thriving and affordable area that local people will feel proud to call home. We now have approval for our new development proposal which I believe will enable us to achieve that.
"A lot of work lies ahead, and we will continue to work closely with the community as we move forward."
As well as new homes, Metropolitan's planning application includes a new central park and a community hub with shops and community facilities. There are also improvements to landscaping, play spaces and roads. In addition, the project has the potential to create hundreds of local jobs.
On completion, the number of homes on the estate will be doubled to 4,080, with 53% of them earmarked as affordable – a combination of social and affordable rents, as well as homes for shared ownership and shared equity.
Lambeth Council leader Lib Peck said: "This is an important step forward in the ongoing transformation of Clapham Park. Major redevelopments like this one with Metropolitan are essential to deliver the new affordable homes, jobs and investment we need in Lambeth; and as one of the ward councillors for part of the Clapham Park estate, we have worked hard to influence the scheme and ensure the best deal for local residents."
Once Metropolitan secures full planning consent, work on site is expected to start towards the end of the year.
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