04 August 2022

We’ve completed a deal with Southern Housing Group to deliver Parkhouse Street

04 August 2022

We’ve completed a deal with Southern Housing Group to deliver Parkhouse Street

We’re delighted to announce we have completed a deal with Southern Housing Group, to deliver the residential phase of Parkhouse Street development with 100% affordable housing. The scheme, championed in the planning stages for its green credentials, will continue to honour the sustainable measures approved by The London Borough of Southwark to provide energy-efficient affordable housing for the local community. We will continue to deliver and operate 1,351sqm of modern and flexible commercial space for local businesses under our “Work Well” brand.

The current 0.34ha site comprises a warehouse building within the Burgess Business Park, which will be transformed with the delivery of this vibrant mixed-use development, and also include an extensive green corridor to visually connect Parkhouse Street to Burgess Park, in line with the aspirations of the New Southwark Plan and the Council’s Local Development Study for the area.

“We’re delighted that the residential aspects of our Parkhouse Street development will be taken forward by Southern Housing Group, reflecting an undeniable synergy in our mutual goal. Parkhouse Street has been a labour of love for us at Joseph Homes, and we’re really proud of the social benefit these homes will bring to the community.” – Paul Dipino, CIO

Core to our founding principles, sustainability of the build and finished development was a principal consideration throughout the design process, resulting in an innovative energy strategy, which will deliver a 38% reduction in residential energy bills because of its 84% carbon reduction. This scheme will also bring considerable contribution to biodiversity net gain and urban greening, by creating shared new open spaces at both ground and roof levels. The development will be car-free and provide 223 cycle spaces to help encourage sustainable transport.

Activity on site is expected to begin by the end of this year.

 

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