Landsec submits plans to regenerate Lewisham Shopping Centre
LandsecU+I, the regeneration arm of FTSE100 real estate developer Landsec, has submitted a planning application proposing the redevelopment of Lewisham Shopping Centre.
Under the proposals, the 1970s-era shopping centre will be redeveloped into a new town centre district. If approved, the masterplan will look to deliver 1,700 new homes alongside 445 co-living residencies and up to 660 student beds.
The development will also feature a pedestrianised high street lined with restaurants, cafés, and bars as well as a 500-person live music venue.
The new district will be set around eight acres of green space and public realm, including an urban meadow sitting at the heart of the masterplan.
Landsec said the plans have been designed to prioritise the retention of the existing shopping centre where possible, allowing it to remain open for the local community and for development to be delivered in incremental phases.
Mike Hood, CEO of Landsec U+I, said: “This submission marks an important milestone to create a new green centre for Lewisham. A place that people will love, that brings immense social and economic change, thousands of much-needed homes, and a beautiful green meadow on top of a revived shopping centre.
“For the last 20 years our team has been embedded within the community and I’m delighted that we were able to create this vision with thousands of people in Lewisham through one of our most extensive public engagement programmes.”