The developer has announced that the 100% affordable scheme will provide the homes at either London affordable rent or for purchase through shared ownership.
The Eckington Yard scheme, designed by Dowen Farmer Architects, is the latest in a series of fully affordable projects announced by the developer, as part of its ambition to use intelligently structured land deals to boost the supply of high quality affordable housing in and around the capital.
The project — which is split into three sections of varying heights, ranging from five to 11 storeys — will comprise 18 one-bed, 17 two-bed and four three-bed apartments on the site of a former branch of Plumbase.
Every unit will have dual aspect views over London.
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Tom Slingsby, CEO at Southern Grove, commented: “The striking design of this scheme means it will be one of the leading architectural lights of a wider regeneration that is going to grip this area of London over the next few years.
“Families and workers on lower incomes all over the capital are desperately in need of more high-quality affordable housing and these homes will help more of them remain where they want to be, in the heart of London.
“As a fully affordable project targeting key workers, Eckington Yard is going to set a high bar for other developers to follow.
“The lack of affordable homes in London represents a clear danger to the capital’s ability to house, in an inclusive way, huge sections of the workforce who have a hand in its success and resilience.”
Southern Grove has just exchanged contracts on the site and will be submitting a full planning application this month.