Transport for London (TfL), which announced the name of its preferred bidder for a joint venture to develop 400 new homes by 2020, has committed to release more sites for development in London.
Earlier this week, TfL said that the new homes would be built on its site in Kidbrooke, south-east London. The development will secure income for TfL to reinvest in strengthening the transport system. In addition to new homes, TfL has planned commercial, retail and office space, an improved transport hub, and village square at Kidbrooke.
The 4-acre site, in the Royal Borough of Greenwich, benefits from its proximity to the Zone 3 Kidbrooke national rail station and the Henley Cross bus station.
“TfL has ambitious plans to develop hundreds of acres of its land, building thousands of homes - half of which will be affordable to Londoners - generating hundreds of millions of pounds to reinvest in transport,” TfL said in a statement.
Kidbrooke was the first in a series of TfL sites to be released for development last year to support the Mayor of London's manifesto pledge to unlock public land to build thousands of affordable homes for Londoners. Other sites announced by the Mayor, Sadiq Khan, include Landmark Court in Southwark, which has the potential to deliver a mixed-use scheme with 35 per cent affordable housing, and Fenwick South in Lambeth.
TfL announces preferred bidder for joint venture to develop site in Kidbrooke, south-east London