Land sale and development Agreement

Descriptions

This will be a partnership agreements to deliver genuinely affordable housing at the scheme known as Willow Way , as part of the Building for Lewisham (BfL) Programme. A key spatial objective in Lewisham's emerging Local Plan is the 'renewal of industrial land at Willow Way to better complement the Kirkdale centre with new workspace and a wider mix of uses, along with improvements to the townscape and public realm.' The site is identified as Site Allocation 9: Locally Significant Industrial Site (LSIS) and provides an indicative residential capacity of 175 new homes alongside renewed employment space to be delivered within 6-10 years. Current planning policy prohibits the delivery of housing on the employment location, but the emerging Local Plan now has sufficient weight (Regulation 19 consultation completed in April 2023) in the decision-making process to allow for residential development alongside commercial floorspace on Willow Way. The Council is seeking to benefit from the opportunity to deliver its site on Willow Way through a developer who have options to develop two sites on either side of Willow Way. By including the Council's parcel of land on Willow Way, and delivering all three sites together, can result in the emerging Local plan's ambitions being realised in the timeframes proposed.