Major phase of Thamesmead regeneration project announced

Durkan has recently signed a contract with Peabody, to deliver a major phase in its Thamesmead regeneration work – one of the largest projects of its kind in the capital.

We will deliver Southmere Village Phase 1A, a £45m investment which will see the design and construction of 130 new homes, an energy centre with associated district heat network, commercial space and parking and a range of formal and informal public spaces.

In addition to providing much-needed new homes for Londoners the ambitious proposals include provision for offices, shops, cafes and restaurants as well as updates to the local road networks for drivers, pedestrians and cyclists.

Jim Briggs, Managing Director, Durkan said: “We’re delighted to be working with Peabody to deliver this exciting new development for the capital. At Durkan, we’re conscious of the need for new homes and living spaces in London and it’s our priority to deliver sustainable communities that help to address this. We’re looking forward to helping Peabody deliver on its proposals for Thamesmead, in what will doubtless add long-term value to a growing community.”

Angela Wood, Peabody Development Director said: "Durkan has a strong track record of delivering top quality homes. We are pleased to be moving forward with them on the first phase of Southmere Village as part of the comprehensive regeneration in South Thamesmead. This is the third major scheme we have committed to in Thamesmead and represents our long-term commitment to the area."

Peabody plans to transform Thamesmead with 20,000 new homes as part of its 30-year plan for the district. The area will also benefit from strong transport links including the new Elizabeth Line which is set to open a brand new station in Abbey Wood.

For further information please contact:

Dolores Kelly, Tel 020 8619 9675 Email dolores.kelly@durkan.co.uk

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