Thamesmead Waterfront is a unique site on the southern bank of the River Thames, in the Royal Borough of Greenwich. Together with the London Borough of Bexley, Royal Borough of Greenwich, Greater London Authority and Transport for London, Peabody is driving forward the regeneration of the area. Thamesmead is identified as an Opportunity Area in the London Plan; this site is the most substantial opportunity in the regeneration of Thamesmead and of the most prominent regeneration opportunities in Europe.
Peabody is seeking to appoint a credible strategic investment and development partner with the experience and expertise to help realise its vision for Thamesmead Waterfront.
As the main landowner in the area, Peabody have brought together assets that were previously owned and managed by disparate organisations, including a significant amount of the area’s housing stock, most of the town’s extensive green and blue infrastructure, as well as a range of community, commercial and industrial spaces. Since 2014, Peabody has worked with local residents to form its 30 year vision and mission for Thamesmead – Peabody’s Plan for Thamesmead.
The GLA is leading on the development of a new Opportunity Area Planning Framework (OAPF) for Thamesmead, which will be published in draft form in spring 2018, and will identify Thamesmead Waterfront as a key development opportunity enabled by investment in the DLR extension. A key role of the strategic partner will be to work up a planning strategy in conjunction with Peabody and wider stakeholders.
A concept Masterplan for Thamesmead Waterfront has been produced by Lifschutz Davidson Sandilands, promoting the regeneration opportunities arising from the DLR extension. The Masterplan indicates a development capacity of 94,000 sqm (1m sq ft) of commercial uses and 11,500 homes.
© GVA, Peabody and Thamesmead 2017