Positive Property Press – 14th September

Positive Property Press – 14th September

Here are some of the biggest positive stories of the last week that you may have missed…

HUB and Blue Coast Capital partnered to deliver two London co-living schemes comprising 485 homes at St Olav’s Court in Southwark and Fleet St Hill in Tower Hamlets, alongside affordable housing, shared amenities, community space and public realm improvements.

London Square appointed as the first development partner at Royal Street in Waterloo, delivering 133 new homes with 50% affordable housing alongside commercial, retail and public spaces as part of a 5.5-acre low-carbon innovation district led by Guy’s & St Thomas’ Foundation.

McLaren Regeneration and Arlington Real Estate received planning consent for Phase One of York Central, delivering 1,014 mixed-tenure homes, a 213-bedroom hotel, 99,190 sq ft innovation hub and 67,447 sq ft of retail and leisure space, alongside a new station entrance, public park and civic spaces, with completion targeted for 2030.

Derbyshire County Council received planning consent to regenerate the Grade II listed Smedley’s Hydro site in Matlock, delivering a new hotel and events venue, housing, flexible workspace and community and cultural facilities alongside enhanced public access and historic gardens.

Kajima Properties Europe received planning consent to refurbish 27 Soho Square, delivering a 31,000 sq ft Grade A office scheme targeting BREEAM Excellent and EPC A, alongside new terraces, occupier amenities, commercial space and improved public realm.

Starlight Investments closed its UK BTR Fund II with £680m of capital commitments, targeting the acquisition and delivery of more than 6,000 build-to-rent homes across the UK, with three schemes already under construction in Manchester and Basildon.

MCR submitted planning to transform London’s Grade II-listed BT Tower into a hotel-led mixed-use scheme, retaining and retrofitting the tower alongside new public space, retail, F&B and a rooftop pool, with the landmark set to reopen to the public by 2033.

Bmor, Cedarstone Capital Partners and Cheyne Capital received planning consent for their £2bn Vauxhall Square redevelopment, comprising seven buildings of up to 69 storeys, 1,097 homes with 25% affordable housing, student accommodation, offices, a hotel, cinema, retail and community facilities.

True North Management launched a £40m GDV restoration scheme at 83 New Kent Road in Elephant & Castle, transforming 26,291 sq ft into 94 professionally managed flexible living units, with the existing building retained and completion targeted for summer 2027.

Scape submitted planning for an 851-bed student accommodation tower at Southwark Bridge Road, comprising 45 storeys alongside restored locally listed buildings, a new pocket park and active ground-floor uses, with a proposed contribution of more than £30m towards affordable housing.

Ealing Council approved the final phase of the Green Man Lane regeneration in West Ealing, with A2Dominion and Higgins Partnerships set to deliver around 400 new homes, building on a wider scheme that has already delivered more than 500 mixed-tenure homes and new community facilities.