Borehamwood contractor Midgard will deliver the first phase of £500m regeneration scheme in Croydon. Under a £34m contract, the firm will build 161 apartments across two tower blocks, one 22-storey and the other nine-storey.
The planning permission for phase one of the regeneration scheme was acquired in 2013 by the developers Stanhope and Schroders.
Phase one will see only the northeastern corner of the 9-acre Croydon Gateway site developed next to East Croydon Railway station.
As part of the second phase, council planning officers are considering a pre-application proposal for an eight-to-10-storey office block,
Alison Butler, cabinet member for homes and regeneration, said: “It is a really, really important site for the regeneration of Croydon.
“It is the Croydon gateway, it is the site where you enter East Croydon, so it will send a real message to people that we are open for business, we are an up-and-coming town and so there are lots of opportunities going on here, particularly for construction jobs and apprenticeships for people who live in the borough.”
Matthew Sims, chief executive of Croydon Bid, said: “It is great to finally have movement on the site, to see developments such as this one coming alive in Croydon and we look forward to the town continuing its growth.
“The site has laid dormant for a number of years and this is another example of Croydon moving forward.”
The completed development, designed by Foster + Partners and AHMM, will comprise of five buildings with up to 625 homes, 240,000 sq ft of offices, retail units and a car park.
The construction works are expected to begin soon, following the approval of the application to begin construction with construction logistics plan by Croydon Council.
The nine-acre site, dubbed as 'East Croydon gateway', has been empty and derelict for 15 years, after the closure of the Warehouse Theatre in 2012.
Photo Source: World Construction Network
