Barratt London has been selected for the £117m redevelopment of the former Catford Greyhound Stadium in Lewisham, London, UK.
The development will be carried out on the 4.7ha site in south London under an agreement between the city and the developer.
After completion, the development will feature 589 new homes, of which 113 will be for affordable rent, 60 will be for shared ownership and 416 for sale.
UK-based property developer Gallions Housing Association will manage the affordable homes.
London Mayor Boris Johnson said that with demand for housing rising in the city, making public land available for development has a big part to play in meeting it.
"The transformation of Catford Dogs, which for the last decade has been left empty and unused, will not only bring hundreds of new homes to the heart of London, but will feed into the wider regeneration of Catford town centre, making it an even better place to live and injecting a healthy new dose of jobs and growth into one of the capital’s key opportunity areas," Johnson said.
The former dog track is situated between two transport hubs, Catford Bridge and Catford railway station.
After completion, the development will feature 508m² of retail space, 298m² of community space as well as landscaped links through the site to Ladywell Fields and Catford Town Centre.
The site is among the first released by the Greater London Authority since it became one of the capital’s largest public land owners in 2012.
Barratt London regional managing director Alastair Baird said that the site is the fifth site the company has secured in the capital in the last six months, bringing a total of 1,800 new homes to London.
"The site at Catford will add to our already significant presence in the Borough of Lewisham, with our redevelopment of the town centre – Renaissance – which will provide a total of 788 new homes together with a new leisure centre due to open shortly," Baird said.
Work on the redevelopment project is anticipated to start by early 2014 and complete by 2017.
Image: The redevelopment of the former Catford Greyhound Stadium will feature 589 new homes. Photo: Courtesy of the Greater London Authority.