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One Blackfriars - Planning Statement FINAL VERSION - Southwark ...

One Blackfriars - Planning Statement FINAL VERSION - Southwark ...

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CBRE | ST GEORGE SOUTH LONDON LTD8.0 <strong>Planning</strong> Policy Assessment8.93 The boundary between public and private parts of the development would beseamless and a coherent approach to landscape would invite the public into thedevelopment.8.94 In conclusion, the Proposed Development would secure the delivery of a new highquality public place and public realm which would significantly enhance the vitalityand vibrancy of the area through the inclusion of a new place to visit, enjoy anddwell, through the incorporation of public seating, landscaping, public art and activeand engaging uses such as cafes, restaurants, shops and bars at ground floor level.The proposals would also improve accessibility and legibility of the area through theprovision of new pedestrian routes through the Site.CUMULATIVE REGENERATION AND ECONOMIC BENEFITS8.95 The Regeneration <strong>Statement</strong> submitted as part of this New Application identifies thekey cumulative regenerative and economic impacts that the Proposed Developmentwould deliver. These are summarised below.Delivery of a viable and sustainable development The proposals would ensure delivery of development on a site that has beenvacant since 2003 to provide high quality buildings of exemplary designcontaining an appropriate mix of uses including residential, retail (A1, A2, A3,A4, A5 class uses), hotel and an enhanced public realm. The ProposedDevelopment would be delivered as soon as practicable by the Applicant.Subject to receiving planning permission, it is the Applicant’s objective tocommence construction on site in early 2013 with completion within four yearsby 2017.Housing benefits The NPPF, Mayor’s Housing Strategy, the London Plan and LB <strong>Southwark</strong>’s CoreStrategy all emphasise the importance of delivery of new homes. Thedevelopment would deliver a mix of 274 new, high quality homes whichcontributes significantly to London and local targets (14% of BBLB OA’s target to2026). The Proposed Development seeks to maximise affordable housing benefits forthe local community and borough as a whole through securing the maximumreasonable level of off-site affordable housing (determined by a financial‘toolkit’ approach). The provision of 274 new homes on site would generate a New Homes Bonus ofapproximately £2.4 million. New Homes Bonus would also be payable on thedelivery of off-site affordable housing.Page 35PLANNING POLICY ASSESSMENTEmployment and Economic Development Benefits The Proposed Development would result in a range of direct employmentopportunities through the hotel, retail and associated residential uses totalling212 jobs in the operational phase; An estimated 456 FTE jobs (net) during the operational phase, taking on-siteactivities and spending of new residents and hotel guests into account, and 616on-site construction jobs per year (net) during the construction phase,

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