Volume house builder Weston Homes has bought part of a former textiles dyeing factory complex in south east London for a £100m multi-storey flats scheme.
The 4.6 acre Dylon factory site will be transformed with a 254 apartments scheme with, undercroft basement parking, and children’s play space within landscaped gardens.
The site already benefits from full planning consent, granted last Spring, allowing construction to start in late 2022 with a 20 month build programme.
It forms the second phase of the redevelopment of the Dylon works following on from 223 built to Crest Nicholson undertaken in 2017.
The contemporary buildings are designed for first time buyers and will have full height windows, balconies and tiered roofscapes complete with feature London Yellow Stock brickwork, providing a connection to nearby residential buildings.
Bob Weston, Chairman and Manging Director at Weston Homes said: “This new outer London development is part of our ongoing major growth and expansion. The business has a highly diverse range of developments, including a series of major landmark schemes commencing and many others in the pipeline.”
Over the last five years, Weston Homes has purchased land sites for over £2 bn worth of residential and mixed use development across outer London and the South East.
This includes 20 current active sites and over 7,500 new homes in the pipeline including traditional housing and large scale urban regeneration projects.
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