Market Leads & Opportunities
Partner wanted for 1,200-home London riverside scheme
Housing association Hyde Group has started the hunt for a joint venture partner to build more than 1,200 homes on an 10-acre industrial site overlooking the Thames Barrier in East London.The Herringham Quarter scheme, within the Charlton Riverside Opportunity Area on the southern bank of the Thames, will deliver 40% affordable homes together with commercial and employment spaces.The land is owned by the London Homebuilding Partnership LLP, a wholly-owned subsidiary of the Hyde Group.This will enter into a joint venture to deliver pre-construction services and construction works.Phase one of the Herringham Quarter for 762 homes already has detailed planning from Greenwich Council.Architect Fletcher Priest’s masterplan drawn up with Buro Happold will be low- to-medium rise, generally between six and ten storeys in height, with public and light-industrial uses on the ground floors with new homes above.Later phases of the Charlton Riverside development will include up to 8,000 new homes and thousands of new jobs, supporting London’s economy and its pressing housing need.Firms have until 6 November to submit expressions of interest with shortlisted firms then formally invited to draw up bids by 11 November 2023.Hyde would then enter into a development contract by Spring next year for the eight-year development programme.For more details click here.
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