Green light for £36.6m Southwark scheme

Acting on behalf of Dolphin Living, the Town Planning team of global property consultancy Knight Frank has secured the green light from Southwark Council for a major new development in the borough.

The new high-quality scheme, which occupies 35-39 Parkhouse Street, has a GDV of £36.6 million and will provide 85 new homes – including 40% as affordable housing.

The development forms part of the transformation of Burgess Business Park, which is being delivered across a number of sites in the area resulting in a more sustainable mix of commercial and residential uses.

The site’s current use is a single storey commercial building and four vacant residential flats. The new plans will see a comprehensive redevelopment of the site providing much needed homes in the area alongside high quality commercial space for makers, designers, crafts, offices and professional services.

The scheme has been designed by Ryder Architecture as a contemporary interpretation of the historical warehouse vernacular which is precedent in the local context. Homes have been crafted to maximise views across Burgess Park, to optimise daylight levels and benefit from communal roof gardens with integrated play space.

Olivia Harris, Chief Executive of Dolphin Living, said: “We’re delighted to have secured planning consent for this high quality scheme in a location that can provide homes and employment opportunities for London’s workers. We are currently exploring opportunities to bring this development forward.”

Stuart Baillie, Head of Town Planning at Knight Frank, commented: “This development on Parkhouse Street will be a fantastic addition to a vibrant new creative quarter, providing high residential accommodation in a beautiful parkside setting. Not only does the scheme maximise opportunities to deliver an energy- and resource-efficient development, but it also has the potential to create a significant number of local employment opportunities.”

Matthew Morris, Associate at Ryder Architecture, added “In the context of increasing energy costs, it has been fantastic to work with an enlightened client and design team to create much needed low energy housing for key workers.”