Galliard Homes has bought LandsecU+I’s 13.8-acre Morden Wharf development, SE10.
The site, which Galliard will now develop alongside its new Singaporean joint venture partner City Developments, has hybrid planning consent for a £1bn GDV residential-led mixed-use scheme, which was secured in September 2022.
The proposed development, which boasts a 275m river frontage, will comprise 12 blocks of up to 36 storeys, delivering around 1,500 homes.
The Morden Wharf development will also include around 186,000 sq ft of commercial floorspace, which will be able to accommodate logistics, industrial and flexible creative workspace units.
In addition, the site will feature 50,000 sq ft of shops, restaurants, community and convenience spaces, as well as a 3.9-acre riverside park.
The deal marks the first partnership between Galliard Homes and City Developments.
Galliard’s executive chair Stephen Conway said: “We hope this will be the first of many more future projects together.”
LandsecU+I CEO Mike Hood said: “We are proud of the transformational masterplan at Morden Wharf in collaboration with Morden College to create a whole new Greenwich quarter with homes, jobs and a Thames-side park. Following the receipt of planning consent last year, our focus has been to raise vital funds for the charity’s work across the borough.”
The land was bequeathed to Morden College by its founder, Sir John Morden, more than 300 years ago.
CBRE and Gerald Eve acted for LandsecU+I and the trustees of Morden College.
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