London Square Partners
has sealed a deal on the St Michael’s Courtyard site next to West Croydon station to create a stunning new centrepiece for the area, with an attractive public square, shops, cafes and 232 new homes – with 55% affordable.The company will work with Clarion Housing Group
to deliver their third scheme together. St Michael’s Courtyard has a GDV of €103m (£90m), which will form a major part of the West Croydon Masterplan and create a new gateway to Croydon Town Centre. The one-acre site was acquired from Portman Square Holdings.
Planning is already in place for the development, designed by Assael Architecture, featuring two handsome brick buildings of 21 storeys and 25 storeys for the residential element, 947m² of commercial space, with retail and offices at street level and the new piazza opening up views to the listed St Michael and All Angels Church. Pedestrian links will also be created to the station and new shopping centre.
The West Croydon area is seen as pivotal to providing the capacity for growth plans for the area, with the transport hub shaping perceptions of visitors and playing a key role in the success of the regeneration plans for Croydon town centre.
Adam Lawrence, Chief Executive, London Square, said: "We look forward to delivering a really outstanding scheme that will help to redefine the West Croydon area and the wider ambitions for the borough. The London Borough of Croydon has been very supportive of our plans. Our continued partnership with Clarion Housing Group means that we are able to build 55% affordable homes, as well as for private sale. This will be a major boost for local people and those who want to move to the area. We look forward to working with Clarion on our third joint project."