Plans for a huge set of tower blocks up to 36 storeys tall in South London may be delayed as developers have put the site up for sale.
The site in Morden Wharf, Greenwich, is based directly on the River Thames and was put to sale by joint agreement of the developer, U+I, and the freeholder, Morden College.
The plans for the area were approved by Greenwich Council last June, after being sent in by the developers two years earlier.
The plans include 1,500 homes, 35 per cent of which will be “affordable”, as well as 200,000 square feet of office space.
Space for shops in the area will increase by 17,000 square metres in the plans, as well as creating 3.9 acres of green space for locals.
The document also included plans to make the existing jetty at the site public.
Aside from the new buildings, the plans also include extensions to the Southern Warehouse, where the Brew by Numbers craft beer brewery opened last year after signing a ten-year lease.
MDM Props also moved into the warehouse in 2020.
Locals in the area have been divided on the plans, with some worried the new buildings would block views of the city.
At a council meeting for the plans last year, Tim Barnes of the Greenwich Society said he was concerned the “clear visual impacts” of the towers would jeopardise the world heritage site status of the area.
He said: “Morden Wharf is not part of the cluster of buildings in Canary Wharf. It’s not part of the peninsula development.
"It stands by itself and if these towers are built, they loom in posterity over historic Greenwich.”
Also opposing the plans, Labour MP for Greenwich and Woolwich, Matthew Pennycook, said in a letter to Greenwich Council that he felt the towers were “inappropriate” and would have a “detrimental impact” on the surrounding area.
The developers for the project, U+I, were bought by Landsec last December, the biggest commercial property developers in the UK.
Landsec said in a statement that the purchase of U+I would help the company focus on providing “mixed-use urban neighbourhoods”.
A sales leaflet for the plans describes the proposal as “Greenwich’s new Southbank”, and called the sale a “unique riverside development opportunity”.
A spokesperson from Landsec said in a statement: “We’ve said consistently since the launch of our new strategy in October 2020 that we are considering various acquisition and disposal opportunities that make financial and strategic sense to the business. Unfortunately we’re not able to comment on individual opportunities or market speculation at this time.”
Morden College was approached for comment.
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