In March 2019 Urban & Provincial acquired the freehold interest of 651 Old Kent Road, completing the last phase of the development known as Ruby triangle. Working closely with the London Borough of Southwark and our development partner Avanton, we are currently proposing to deliver a new public park, a further 260 residential units and circa 20,000 sq ft retail and workspace.
Our proposals also include 40% affordable housing delivering much needed family homes in the Borough of Southwark. The scheme also hosts various shared spaces such as roof terraces, landscaped gardens and ‘communal hubs’ to foster a spirit of togetherness and family.
We strongly believe South London will be one of the most important growth areas of the capital over the coming decades and our ongoing acquisition programme is focused on key locations where we see the greatest potential for growth.