LDA sells Woolwich Arsenal site to Berkeley Homes

March 1, 2011
The London Development Agency (LDA) has sold its remaining land in and around the Royal Arsenal site in Woolwich, where its involvement has transformed the area into a multi-award winning mixed-use, mixed tenure community. <br> <br> The land has been bought by the LDA’s development partner Berkeley Homes and the sale covers the Royal Arsenal and Warren sites. The LDA and Berkeley Homes have worked together since 2000 on the regeneration of the Royal Arsenal, transforming the derelict contaminated industrial site into an attractive, 31.7 hectare mixed-use development of over 1,600 homes already built as well as business space, heritage and leisure facilities. The combined development will ultimately contain more than 5,000 homes. The site will also be home to the Woolwich Crossrail station when it opens in 2017. <br> <br> The sale is part of the wider arrangements being put into place to facilitate the Crossrail station on the Royal Arsenal which Berkeley intends to construct as part of the final phase of development, known as Woolwich Riverside. <br> <br> Rob Perrins, md of the Berkeley Group, commented: “Berkeley Homes is immensely proud of its achievements at Royal Arsenal Riverside, where we have built one of London’s most successful …

Continue reading

To continue reading this article please login or register.

Login

Forgot your password?

Register for free

Quick and free registration

Register