An 850 million, 2,400 home project planned for derelict land, split by railway tracks in the Southwark area, will be served by a new overground stop, to be known as New Bermondsey Station. Development company, Renewal, who claim they want to boost the district's appeal and make it a destination of regional importance.& The first phase of the project will start next year, and consists of 261 homes (a mixture of flats and family houses). Phase 2 will include shops, parks and squares, cycleways and footpaths, and a creative quarter with galleries, artist studios, live-work units, and a huge new sports complex.More families will be attracted to the area thanks to a new secondary school. Community initiatives include allotments on top of apartment blocks, fountains, street sculpture and the planting of a new orchard in Southwark Park.At Daniel Cobb we believe that better transport links and the availability of more family housing, as well as these fantastic improvements to the public realm, will make Southwark one of the most sought-after areas in south London. If you'd like advice about buying a property here, call us today.
The area seems bound to attract buyers as the new station will provide four-minute train connections to London Bridge
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