Landsec can push ahead with the revitalisation of Lewisham town shopping centre in Southeast Londonafter the property giant secured planning permission for the phased redevelopment of the run-down 1970s venue.
Landsec’s reimagined Lewisham town centre
The “approved masterplan will deliver a reimagined shopping centre”, offering the same amount of retail space as today while also allowing the delivery of over 1,700 new homes, 660 student beds and 445 co-living residences.
Approved by Lewisham Council, the plans also include a permanent home for Lewisham’s Model Market, and a 500-capacity culture, music and arts venue that will “reignite the area’s night-time economy”.
Almost half of the 17-acre site is also set to become new public green space.
The ambitious residential-led neighbourhood has the potential to redefine urban life in Lewisham, creating a thriving, sustainable town centre, we’re told. The plans have been carefully phased to retain key parts of the shopping centre. And with all the new residential space it could mean a major boost for the shops there.
Mike Hood, COO of Landsec said: “This is an exciting moment for the future of Lewisham’s town centre. These plans provide much-needed homes, community spaces and facilities that will enhance urban life for generations, while delivering sustainable returns that support our ambition for long-term growth.”