Southwark Council appoints Bouygues-owned company, Linkcity, to deliver Tustin Estate project comprising of nearly 700 new homes.
The redevelopment project includes the replacement of 200 council homes, 50 shared equity properties, 220 additional council homes including keyworker homes, and 220 homes for sale.
It also features a central park, several refurbishments of existing council homes and 1,800 sqm of commercial floorspace.
It is the first large-scale housing project that has been procured through Pagabo’s Developer Led Framework.
As part of the initial phase of development, Linkcity will create around 200 new homes to rehouse current tenants of the estate.
In addition, an additional 440 homes will be delivered across two further phases over the next three years, through its construction partner Bouygues UK, with at least half of these designated as affordable housing.
Jonathan Parker, head of construction at Pagabo, said: “I am thrilled to have been involved with the procurement of a developer for the Tustin Estate low rise redevelopment programme, which will provide much needed improvement and expansion of Southwark Council’s existing social housing provision, as well as upgrading the facilities for people in the area.
“The Developer Led Framework was launched as a unique market offering to help procure significant projects that make a huge social difference, and Tustin Estate is exactly that.
“Having been heavily involved from the outset, we’re really excited to see this project come to fruition over the coming years.”
‘Quality new council homes’
Cllr Stephanie Cryan, Cabinet Member for Council Homes and Homelessness, said: “We are delighted to welcome Linkcity to the Tustin Estate and look forward to working with them and our residents to build quality new council homes.
“Southwark has one of the most ambitious council house building programmes in the country and the work on Tustin Estate will not only help us reach our aim of providing new housing but also enhance the estate for current residents.”
‘Social and economic value’
Tom Jackson, development director at Linkcity said: “We’re delighted to be working in partnership with Southwark Council and the Tustin Estate residents to deliver the first project on Pagabo’s Developer Led Framework.
“It’s a great opportunity to provide social and economic value through local employment and education opportunities, as well as new homes for this thriving community.”