Through a partnership between Peabody, the London Borough of Bexley and the Royal Borough of Greenwich, Thamesmead is already set for more than 2,500 new homes over the next ten years as part of the Greater London Authority’s (GLA) Housing Zone programme.
The first of these new homes are already on the way. In October 2016, the London Borough of Bexley granted planning permission for more than 1,500 new homes in South Thamesmead, alongside a new library, shops and a lakeside square, through the Abbey Wood and South Thamesmead Housing Zone.
In West Thamesmead, the Royal Borough of Greenwich recently gave planning permission for The Reach, a 66 quality home, 100% affordable, development. This is the first step in the 1,300 home Abbey Wood, Plumstead and West Thamesmead Housing Zone, focused on the West Thamesmead Gateway.
The announcement that the Docklands Light Railway (DLR) will be extended to Thamesmead won't just mean that Thamesmead will be better connected than ever before. A DLR station at Thamesmead Town Centre can unlock an additional 11,500 homes in North Thamesmead accelerating the development of a new town centre close to the river.
Overall, we think Thamesmead has capacity for more than 20,000 new homes.
Transforming Thamesmead means creating a balance between long-term plans for the future and investing in improvements now. We will create a fundamental shift in the quality of existing homes, streets and public spaces.
This includes major refurbishment of buildings, comprehensive repairs and maintenance projects, as well as creating beautiful and interesting public spaces that serve the whole area.
The new developments will also help bring in the shops, leisure facilities and jobs that a thriving town needs.