Leathermarket CBS’s first development – 27 new council homes on the Kipling estate – has taken a huge step forwards with the final element of the funding package agreed by the Council’s planning committee today (12 September 2016)
The Planning Committee agreed the release of £6,280,179.75 of section 106 contributions from five developments – including £1.5 million from the new flats built on the former Valentines pub on the corner of the Kipling estate and and just over £2.6 million from the Fielden House/St Thomas Street development.
John Paul Maytum, Chair of Leathermarket CBS, said:
“This is fantastic news, particularly for the residents who have worked so hard to bring together the plans for these homes. To be building new council homes in the shadow of the Shard is the most fantastic achievement and we are absolutely delighted with this decision.
“We’d also like to thank everyone at Southwark Council – from the Leader, Senior Directors and the members of their teams for the vision and support they have given to us over the last four years – showing that Southwark is at the forefront of housing thinking in this country.
“We hope to receive formal planning approval for the scheme within the next few days and then it will be full speed ahead, so people will be able to get the keys to their new homes.”