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Lend Lease secures approval to construct over 200 new homes in London

12 Sep 2013 (Last Updated September 12th, 2013 18:30)

Property firm Lend Lease has secured planning permission to construct over 200 new homes at two sites in Battersea, South London.

One The Elephant tower

Property firm Lend Lease has secured planning permission to construct over 200 new homes at two sites in Battersea, South London.

Under the plans, Lend Lease will construct 104 homes arranged across two buildings of five and six storeys at Cobalt Place on Surrey Lane, Battersea.

The second development at Victoria Drive will feature 110 new homes comprising 55 houses and 55 apartments.

Lend Lease said all the homes at the developments will have access to private balconies and gardens, and will feature the latest sustainable building practices.

Both developments bring the total number of residential units in Central London for which Lend Lease has secured approval to over 700 so far in 2013.

Lend Lease head of residential Richard Cook said the shortage of new homes in Central London is well known and the company is looking forward to delivering the buildings.

"Our aim is to become one of the leading residential developers in the capital and we shall be looking to partner with landowners in both the public and private sectors to bring forward more new homes for Londoners in the next few years," Cook said.

Apart from the new homes, Lend Lease will also construct new school facilities for the local Saint John Bosco College, as well as new community facilities nearby.

Earlier in 2013, Lend Lease started work on its £1.5bn regeneration of Elephant & Castle in central London.

The regeneration project will feature 3,000 new homes and over 100,000ft² of retail and leisure space over the next ten years.

Construction has begun on One The Elephant, a 37-storey tower featuring 284 new homes, and Trafalgar Place, a development on the site of the former Heygate Estate which will house 235 units after completion.


Image: The 37-storey One The Elephant tower in Elephant & Castle. Photo: Courtesy of Lend Lease.