London developer Aitch Group announces the approval of outline planning consent for their landmark New Belvedere scheme to bring the site from industrial land to residential. This marks a significant milestone for Aitch Group, regenerating an under-utilised industrial site, delivering 1250 new homes and a vibrant community hub with a projected Gross Development Value of c. €386.1m.
On the edge of Belvedere, the New Belvedere project is designed to create a new neighbourhood while aligning with Bexley Council's Local Plan Allocation. It aims to seamlessly blend residential, commercial, and communal spaces, fostering a thriving neighbourhood enriched with green open spaces, commercial amenities, and enhanced connectivity.
The New Belvedere project will feature a variety of housing types, including affordable and family-sized homes, with private amenities for each residence and secure communal gardens – at price points accessible to all the community. Additionally, the development will deliver numerous community benefits, including over one hectare of new green open space, a public square with over 500m2 for commercial or community use, and upgraded pedestrian links to Belvedere Station and throughout the neighbourhood.
Given the proximity to Frank’s Park, the plans also seek to invest and promote the use of the park’s facilities. Frank’s Park is approximately 400m2 to the south of the site (about a 5-minute walk) and provides 17.9ha of woodland, open parkland, and a playground. The plans focus on strengthening connections to Frank’s Park, and possible improvements to the park’s existing play provision and recreational facilities.
Laurence Quail, Managing Director at Aitch Group said: “We are delighted to have secured outline planning consent for the New Belvedere project, which underscores our commitment to delivering transformative developments that resonate with the needs and aspirations of local communities. This project represents a significant opportunity to revitalise the area, providing much-needed housing, community facilities, and economic stimulus. We believe in the power of collaboration and community engagement to drive positive change. The New Belvedere project is the result of close collaboration with local authorities, stakeholders, and the community, and we are excited to continue working together to bring this vision to life."
The New Belvedere project marks a significant milestone in Aitch Group's mission to create places where people truly desire to live and work in London. With a dedicated team of experts including architects from PRP, planners from Litchfields, and environmental consultants from RPS Group, the company, is poised to deliver a landmark development that will shape the future of Belvedere for generations to come.
Image provided by Lawrie Cornish.
Europe Real Estate — an overview of real estate developments in European countries.