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£200m joint venture agreed for Thames barrier regeneration site

A joint venture between Galliard Homes and U+I will result in a £200m regeneration of the Westminster Industrial Estate into a new creative style urban district for London.

Adjacent to the Thames Barrier, the six-acre site will provide 450 residential units and creative workspace units around new public areas.

Anthony Hunt, Partner and Head of M&A at law firm Howard Kennedy who advised Galliard Homes, said: “This is an exciting scheme and part of the wider Charlton Riverside opportunity area scheme, for which the Royal Borough of Greenwich has outlined a 15-20-year masterplan. We are delighted to have played the role in structuring the joint venture that brought together Galliard Homes and U+I.”

The project is part of a larger Charlton Riverside regeneration scheme that will eventually provide up to 5,000 homes and a vibrant riverfront.

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