Lifschutz Davidson Sandilands has drawn up a concept masterplan for a £4 billion scheme to transform a swathe of south-east London
The practice’s proposals for Thamesmead Waterfront in the borough of Greenwich were unveiled at the MIPIM property fair in Cannes.
Housing association Peabody is behind the regeneration initiative, the biggest it has undertaken in its 156-year history. It has shortlisted Lendlease and Morgan Sindall as potential partners.
More than 11,000 homes will be delivered through the scheme, while more than 90,000m2 of commercial and leisure space will be refurbished.
LDS director Alex Lifschutz said: ’We are delighted that this hugely important part of London’s expansion corridor to the east is moving forward. The land is blessed with a wonderful river outlook, a park and, uniquely, lakes and canals.
’The opportunity is as much to benefit existing communities with better facilities and connections to the river as it is to develop new homes to satisfy London’s overall need.’
Peabody chief executive Brendan Sarsfield added: ‘These are really exciting times for Thamesmead. The opening of Crossrail in 2018 and the planned DLR extension from Newham to the town in 2026 will unlock huge growth for this part of London.
‘Unrivalled in both scale and space, the Thamesmead Waterfront scheme offers a unique opportunity for Peabody to work with a strategic partner to deliver a new community, benefiting both new and existing residents of Thamesmead for years to come.’