Notting Hill Genesis, through its subsidiary Springboard Two Housing Association, has appointed Vistry to deliver 151 affordable homes at Rotherhithe Reach on Salter Road in South East London.
The development, which has been made possible by funding from the Greater London Authority, will transform the former gasworks and disused gasholder site into a new neighbourhood, featuring new homes and public spaces for the community.
The development will provide 127 apartments and 24 family houses, comprising 43 affordable rent homes and 108 shared ownership properties.
The scheme was originally designed by Maccreanor Lavington, with A&Q Partnership subsequently appointed to lead the design through the construction phase.
Construction is expected to commence in May 2027 with completion anticipated in March 2029.
Robert Wilkinson, regional managing director at Vistry, said: “Rotherhithe Reach represents a significant brownfield regeneration opportunity that will transform a redundant former industrial site into a thriving new neighbourhood. Working in partnership with Notting Hill Genesis, we are unlocking a complex site to deliver 151 much needed affordable homes, including family housing and new shared ownership opportunities.
“Alongside new homes, the scheme will create high quality public spaces, environmental enhancements and improved connections for residents, helping to build a sustainable community that supports the continued regeneration of the Rotherhithe and Canada Water area. This is exactly the type of partnership-led development that brings challenging sites back into use and delivers lasting benefits for local communities.”
Matthew Cornwall Jones, chief homes officer at Notting Hill Genesis, added: “We are pleased to be working with Vistry to deliver a fully affordable scheme at Rotherhithe Reach. Made possible by funding from the GLA, we will be transforming this long vacant brownfield site into a thriving new neighbourhood, providing much needed affordable homes, new green spaces and lasting benefits for residents and the wider community.
“Despite the challenging operating environment, we at NHG are determined to keep playing our part in tackling London’s housing crisis. Rotherhithe Reach will provide secure, high quality housing for hundreds of families in Southwark, giving more people the opportunity to put down roots, build stable futures and contribute to the local community.”
