London Square Partners and Clarion Housing Group have now started work on their latest joint scheme - following the completion of a deal for the St Michael’s Courtyard site next to West Croydon station to create a new destination for the area.
The £90m London Square Croydon development will form a major part of the West Croydon Masterplan and create a new gateway to Croydon Town Centre. Completion on the acquisition from Portman Square Holdings and additional land from the Church Commissioners has now taken place.
Construction work has now started to build new homes, an attractive public square, shops, and cafes. Planning was revised to reconfigure the site and increase units from 232 to 240 apartments by reducing the number of larger flats, allowing for an increase in the number of two bedroom homes – with 55 per cent affordable. Designed by Assael Architecture, the development will feature two handsome brick buildings of 21 storeys and 25 storeys for the residential element, 947 m2 of commercial space, with retail and offices at street level and the new piazza opening up views to the listed St Michael and All Angels Church. Pedestrian links will also be created to the station and new shopping centre.
The one-acre site was acquired from Portman Square Holdings, with SHW acting as their agents. Additional land was acquired from the Church Commissioners, on behalf of St Michael’s Church, to construct a public square. London Square Partners is working with Clarion Housing Group to deliver their third scheme together, with 132 affordable shared ownership homes, alongside108apartments for private sale. The award-winning developer and the country’s leading housing association are already working together to create 100 per cent affordable housing on schemes in Neasden and the second phase at Staines-upon-Thames. Completion of the private apartments is expected to be November 2023. The shared ownership apartments are expected to complete in March 2024.
It is great to be once again working with London Square to bring forward much-needed new affordable housing. This high quality, attractive scheme will offer a great place to live and an opportunity to get on the housing ladder at a key gateway location. St. Michael’s Courtyard builds on our existing commitment to Croydon where we already have a number of homes and one of our main headquarters offices.
The West Croydon area is seen as pivotal to providing the capacity for growth plans for the area, with the transport hub shaping perceptions of visitors and playing a key role in the success of the regeneration plans for Croydon town centre.
We are delighted that the deal has now completed, revised planning is in place and work is now under way. The scheme will help to redefine the West Croydon area and the wider ambitions for the borough, delivering new homes, improving the area for the local community and helping to boost the local economy. We are delighted to be working with Clarion on our third joint project.
This development will benefit from being next to one of the best transport interchanges in south London, combining tram, heavy rail, underground and bus station in one location. We are delighted to have helped deliver such an important and pivotal regeneration scheme in West Croydon.