Build to Rent: London Planning Approval Granted for Major 485-Home Co-Living Development in Woolwich November 14th, 2024 Deividas Krupstas Planning approval has been granted for a transformative mixed-use development in Woolwich, southeast London, bringing 485 co-living rooms, 20 social rent flats, and an array of community spaces to the area.Approved by Greenwich Council, the project will be located on a 1.11-hectare site bordered by Wellington Street, Polytechnic Street, and Thomas Street, providing a new residential and commercial space designed to honor Woolwich’s historic heritage.The development includes six blocks, some reaching up to six storeys, integrating co-living units, commercial areas, and shared amenities. In a nod to the area’s history, several Grade II listed buildings are being preserved as part of the design, including the former Woolwich Polytechnic Building, originally established in 1891 and once home to the University of Greenwich. The Gymnasium and Rotunda, two other notable listed structures on the site, will also be retained. By conserving these iconic buildings, the project aims to bridge Woolwich’s rich history with contemporary urban development.Creating a sense of community is a central theme of the project, with plans for a new public square linking Thomas Street, Polytechnic Street, and Wellington Street, providing a welcoming space for residents and the broader public. Residents will benefit from shared amenities, including co-working spaces, a gym, and communal kitchens and dining rooms, fostering a collaborative and connected environment.The developer has committed to 20 flats designated for social rent, helping address affordable housing needs in Woolwich, along with an additional £5 million contribution for affordable housing across the borough. This approach reinforces the project’s commitment to inclusive community growth, ensuring that local residents have access to affordable housing opportunities.The approval followed discussions by the Greenwich Council planning board, where council officers and board members weighed concerns about the potential impact on the area’s historical fabric. Ultimately, they concluded that the renewed use of the site and conservation efforts outweighed potential drawbacks, allowing this development to move forward as a model of balanced growth for southeast London.