New £770m Greenwich scheme set to deliver 1,500 new homes

Plans for a new London development that will deliver around 1,500 new homes have been put forward.

Regeneration developer and investor U+I has submitted its planning application for Morden Wharf, its £770m GDV scheme on Greenwich Peninsula.

Under the plans, the mixed-used scheme will deliver around 1,500 new homes, and more than six acres of public space including a landscaped park along the River Thames.

The development, which is expected to create hundreds of jobs, could also provide a new permanent boathouse for the Queen’s royal rowbarge Gloriana.

Richard Upton, chief development officer at U+I, commented: “Our planning submission at Morden Wharf is another key milestone for U+I as we prime our pipeline for growth.

“This riverfront scheme will deliver a distinctive, green, mixed-use neighbourhood, while driving growth and employment and delivering much-needed new homes to the area.”

A decision on the plans is expected at the end of 2020.