Regeneration company Menta is poised to submit planning for a £500m mixed-use scheme in Croydon that could see London’s tallest residential tower built in the borough.
The company has concluded its consultations with key groups, the London Borough of Croydon and the local community, over its 1.5m sq ft scheme at Cherry Orchard Road and can now press on with submitting planning in the summer.
Menta has also won planning this week for a 20,000 sq ft mail sorting office close to the site, and is in negotiations with Royal Mail about relocating to the new office. Royal Mail’s departure from its existing site would give Menta control of all the land needed for the redevelopment.
Its design includes four towers, one at 52 storeys, which the company thinks will be the tallest in London. The scheme, located next to East Croydon station, will provide 1,300 new homes and a 350,000 sq ft office scheme as well as shops and cafes. Subject to planning, Menta expects to start on site in mid 2009.
Menta has revised its plans as a result of the consultations and relocated the tallest tower to minimise loss of daylight for existing residents. It is also offering to contribute to refurbishing East Croydon station.
Menta director Craig Marks said: ‘The proposals have been developed to fully support Croydon Council’s Vision 2020 and will contribute to a more attractive, cohesive and user friendly centre.’