Galliford Try lands Silvertown Way regeneration project

GallifordTryGalliford Try has signed a deal with the Greater London Authority that will see the building of the £380 million Silvertown Way development in Canning Town, East London.

The proposals will create more than 1,100 mixed tenure homes across a series of individual blocks, making it one of the largest standalone housing scheme the company has undertaken.

The project will be delivered through an existing joint venture vehicle with Thames Valley Housing Association.

A third of the homes will be for private market rent, through Thames Valley’s subsidiary Fizzy Living, while around 380 affordable homes will also be constructed for London and Quadrant Housing Association.

Galliford Try’s housebuilding businesses, Linden Homes and Galliford Try Partnerships will be responsible for undertaking the development, which is proposed to include a hotel, restaurant, employment and commercial space alongside the new homes.

Greg Fitzgerald, Galliford Try’s Executive Chairman, said: “I am delighted that we have been able to work with all the stakeholders involved in this project to reach an agreement, and deliver much-needed new homes for London.

As well as being a hugely significant project for our company, Silvertown Way will be a flagship regeneration project for East London, and we are committed to providing high-quality housing of all tenures for the local community.”

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s