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Galliard buys Nine Elms development plot

Source: https://www.theconstructionindex.co.uk/

Galliard Homes has bought a plot of land to develop housing on Royal Mail’s former South London mail centre site in Vauxhall.Galliard Homes intends to develop 262 residential units on the 0.9-acre (3,600 m2) plot on what is now known as Nine Elms Park, working in partnership with O’Shea. Nine Elms Park covers approximately 14 acres, of which 8.35 acres are developable, in line with the outline planning consent granted by the London Borough of Wandsworth in March 2012. It runs the length of the site east to west, alongside residential-led development and commercial space on the south side of the Thames. It extends from the new US Embassy to the planned Northern Line extension.Galliard Homes paid Royal Mail £22.2m in cash for Plot C.