Property developer and landowner Grosvenor has submitted its full planning application for the mixed-use redevelopment of the former Peek Frean Biscuit Factory site to the London Borough of Southwark.
According to a design and access statement submitted with the application, the existing buildings on the site "comprise predominantly low density factory buildings occupied by a range of lawful alternative ‘meanwhile’ uses on the site such GoKarting, a Climbing Wall, and the Arts Café".
Grosvenor says its plan would see the redevelopment of the site to provide up to 1,343 new build-to-rent homes, a new 600-place secondary school, over 10,000 square metres of new office space and approximately 10,000 square metres of retail, leisure, community and food and drink uses.
There would also be 20,000 square metres of "new and improved streetscapes", play space and the planting of 140 new trees as part of a package of public realm improvements, including two new pedestrian routes through the site’s neighbouring railway arches to improve connectivity with the surrounding area.
The developer said that it is proposing to provide 27.5 per cent of homes at discount market rent and a review mechanism has also been "volunteered to Southwark Council to allow the potential to improve the affordable housing offer, if possible".