Barratt Developments has been chosen as preferred developer for a £226m redevelopment in South London.
The scheme, at Loampit Vale in Lewisham, will include 958 new homes as well as a leisure centre with a gym, cafe and Olympic-sized swimming pool. There will also be a number of commercial units, some of which will be targeted at creative businesses. Work is scheduled to start in late 2008.
The housing association for the scheme is London and Quadrant, which was Barratt’s partner in the bid.
The Lewisham scheme is the third south London scheme Barratt has won in the last few months. In October, Southwark Council chose Barratt for a £258m development at Canada Water, providing 960 homes, and in August, Barratt was selected to complete the £40m Kerrin Point development.
Alastair Baird, managing director of Barratt East London, said: ‘To win three schemes of this importance in such a short space of time illustrates the momentum which Barratt is now building in the capital.'