BDC

Search
BDC Magazine

southwark council

PULSE APPOINTED TO SIGNIFICANT SOUTHWARK REGENERATION PROJECT

LEADING multi-disciplinary consultancy firm Pulse Consult has been appointed to lead a significant regeneration project of an old estate in the London Borough of Southwark. The Tustin Estate regeneration, located to the north of Old Kent Road, is part of Southwark Council’s commitment to creating 11,000 new council homes by

Read More »

Latest Issue

BDC 319 : Aug 2024

southwark council

PULSE APPOINTED TO SIGNIFICANT SOUTHWARK REGENERATION PROJECT

LEADING multi-disciplinary consultancy firm Pulse Consult has been appointed to lead a significant regeneration project of an old estate in the London Borough of Southwark. The Tustin Estate regeneration, located to the north of Old Kent Road, is part of Southwark Council’s commitment to creating 11,000 new council homes by 2043, and will involve the demolition of the existing estate, which was built in the 1960’s. Following phased demolition works, which will include residential homes, commercial units and a primary school, the development will be rebuilt to provide 200 replacement council homes, 220 new social rent and key worker homes and a further 220 private sale units (as well as a replacement primary school and commercial units) to further Southwark Council’s pledge to provide new, quality homes in the area. Paul Adams, director and the London office lead at Pulse, said: “We are very grateful to Southwark Council for entrusting us to help them deliver this fantastic regeneration project that puts residents at the heart of the development. It builds upon Pulse’s experience in large scale residential projects and our proven track record of successful delivery and collaborative working. “An impetus on social value has been placed throughout the project, ranging from apprenticeships and job creation to technology and training. We’re therefore really pleased to be working with an engaged and positive residents’ group – they have been incredibly involved so far to ensure a fair and inclusive ethos around the project as well as ensuring we meet their needs with the regeneration works.” Pulse was appointed to the project thanks to the team’s extensive experience in the management and delivery of mixed-use housing regeneration schemes within inner London. Previously, Pulse has worked on many London-based regeneration projects. Councillor Stephanie Cryan, cabinet member of council homes and homelessness, said: “This is an exciting opportunity for the Council to not only replace old stock but also provide additional much needed affordable accommodation. There is a strong community at Tustin and our residential engagement process means we are delivering a regeneration programme the local community want and can be proud off. We are delighted to bring Pulse on board with their experience to deliver on our promises to the estate.” Pulse has procured the design team for the project, led by dRMM Architects and including Adam Khan Architects, JA Projects, Exterior Architecture, Heyne Tillett Steel, Greengage, Loop Engineering, Entran, and Beyond the Box as well procuring LinkCity as the developer. Established in 2009, Pulse has offices in Nottingham, London, Leicester, Birmingham, and Bristol, offering a personable and professional service to its clients across a range of sectors including education, the arts, tourism, leisure, and residential. Visit https://pulseconsult.co.uk/ or join the conversation on social media @Pulse_Consult.

Read More »

Southwark Council acquires Old Kent Road site for new housing and Bakerloo Line station

Southwark Councill has acquired the former Toys R Us site at 760 Old Kent Road as part of its plans to secure the Bakerloo Line extension and increase housing supply in the borough. The 2.59-acre site was sold by CBRE, on behalf of the Joint Fixed Charge Receivers. It is currently occupied by Lidl on a lease expiring in 2028. It will become one of two new underground stations on the Old Kent Road, with Southwark Council planning to build at least 500 homes over the station. This is the latest purchase by Southwark as part of its plans to provide 11,000 new council homes by 2043. In 2019 it acquired the former Currys PC World site at 589 Old Kent Road for c550 homes, 593-613 Old Kent Road for 110 homes and 711-717 Old Kent Road for 200 homes and commercial space. Earlier this month Southwark Council’s updated Old Kent Road Area Action plan was launched for consultation, with further regeneration and provision of housing, commercial, community, cultural and green spaces all part of the proposed changes. Montagu Evans has advised Southwark Council on most of the site acquisitions needed to fulfil its housing commitments, including this deal. All acquisitions were of properties with existing investment income but with medium to long term opportunities to redevelop. Sam Blake, Partner at Montagu Evans, said: “This is an important strategic site for Southwark, accommodating a new tube station and increasing housing supply to help meet its ambitious targets. Better transport infrastructure will be a huge advantage to the area and this this investment should make the process much smoother as well as providing the Council with a good income stream while longer-term plans are being worked up.” Jonathan Allen, Residential Development at CBRE, said: “The disposal of 760 Old Kent Road to Southwark Council followed a competitive open marketing campaign, symbolising strong current market appetite for assets which benefit from short term income, underpinned by improving infrastructure and significant residential latent redevelopment value. This important site is a key part of the Old Kent Road masterplan having been identified as a location for a new underground station for the proposed Bakerloo line extension. This purchase follows the news that TfL remain committed to delivering the extension, and that their immediate priority is safeguarding the route from Elephant & Castle to Lewisham; emphasising the importance of the project in transforming the lives of those living and working on Old Kent Road.”

Read More »