A residential led development has been setup by KALMARs and CBRE in the London Borough of Southwark, known as Burgess Park View.
The proposed development consists of a 0.24 acre freehold site at 14-22 Ossory Road, SE1 which has the benefit of an existing resolution to grant planning for a £36m (GDV) development providing 71 apartments and 15,480 sqft of commercial space complete with roof garden and public realm.
Sebastian Kalmar, Director at KALMARs, said: “This site is perfect for developers that work in trendy areas and are seeking units within Help To Buy Pricing. The location is sandwiched between two areas in London (Bermondsey and Peckham) with more attractive pricing and future potential.”
The scheme is between 10 and 11 storeys high at its apex with its ground floor providing striking entrance foyers for the apartments and the commercial floorspace.
Jonathan Allen, Associate Director at CBRE says: “Burgess Park View is set to benefit from the substantial uplift that the regeneration and Bakerloo Line Extension will bring to the Old Kent Road area; whilst it is uniquely positioned as a gateway site to Burgess Park, and its success is not dependent on the masterplan being delivered in the short term.”