Market Leads & Opportunities
Plans for hundreds of new homes and jobs approved
A Grade II listed gas holder will be dismantled, restored and put back up as part of a new scheme in Lambeth that now has planning permission for 738 new homes, work space and new public landscaped areas. Thirty-five per cent of the new homes will be affordable.The redevelopment of the brown-field site in Kennington will feature 100,000sqft of commercial space which could accommodate 1,000 new jobs. There will also be more than 5,000 construction jobs created through the course of the development with a focus on jobs for local residents in Lambeth.The project will see the decontamination of former industrial land, which has been restricting other development around the site off Kennington Lane and Vauxhall Street, which is within walking distance of Vauxhall tube.The Oval Gas Works site redevelopment application was made by Berkeley Homes and approved by Lambeth Council’s Planning Applications Committee on Tuesday (June 12) during a meeting at Lambeth Town Hall in Brixton. The application follows lengthy discussions with the council for the redevelopment of the wider area under the Oval and Kennington Development Area Masterplan, the principles of which were endorsed by the council in December 2017.
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