Two more sites for new homes on public land in London announced

The Mayor of London has announced two more sites that Transport for London (TfL) will bring forward as part of his plan to fast track public land to deliver more affordable homes in the city.

Sadiq Khan has speeded up the building of new homes on land owned by TfL after it identified the potential for up to 10,000 new homes at 75 sites across 300 acres of its land.

The two sites at Landmark Court in Southwark and Fenwick South, near Clapham North station in Lambeth, both have the capacity to deliver new homes alongside commercial and retail space.

Fenwick South will deliver a community centre and 55 new homes, all of which will be social housing. TfL is delivering the project on land owned by Lambeth Council as part of a planning agreement, although there was no obligation to build out the homes until 2025. In line with the Mayor’s commitment, TfL will now fast track this site, with work expected to begin early next year.

Landmark Court, which is in walking distance from Borough Market and London Bridge station, has the potential to unlock more than 25,000 square meters of development. The site has potential for mixed use development, including commercial and retail space, and potentially more than 100 homes, of which at least 35% will be affordable. TfL has today launched the tender for developers and is aiming to have a partner identified early next year to develop the site.

The two sites will contribute towards the Mayor’s commitment to bring forward TfL land for homes, of which 50% across the TfL portfolio will be affordable. They follow the Mayor’s announcement in August of the first land owned by TfL being brought forward for development in Kidbrooke, Greenwich, which will provide 400 new homes of which 50% will be affordable to rent and buy.

‘A chronic lack of affordable housing in our city has undeniably led to Londoners being priced out, with rents they can’t afford and little hope of getting on the property ladder. We won’t be able to fix this problem overnight, but I am determined to lead the way by building more new and genuinely affordable homes to rent and buy,’ said Khan.

‘That is why it is crucial we get on and start building affordable homes on the hundreds of sites owned by Transport for London that we know have been sat undeveloped for far too long. It is unacceptable for sites to sit unused when our city is crying out for more housing and these two sites are just the next step in fast tracking public land to deliver homes for Londoners,’ he added.

Graeme Craig, TfL commercial development director said the plans will not only deliver more new homes but also generate vital, non-fare revenue to reinvest in modernising London’s transport network.

The Fenwick South site is associated with the wider redevelopment as part of the Northern line extension. After the development is delivered by TfL, it will be owned and managed by the London Borough of Lambeth which granted planning permission for the development in February this year.

The Landmark Court site was acquired by TfL more than 25 years ago as a Jubilee line work site. Since then, it has either been used for operational purposes or has been occupied by a revenue generating tenant