Student tower proposed beside o2 in north Greenwich
Revised plans for a student tower are to be consulted upon seven years after previous plans were revealed.
The site directly beside the o2 saw a 36-floor proposal in 2015 but never progressed.
The new block is for students, with developer Crosstree set to hold two events.
The first is on Saturday 12th November between 10am and 1pm, with a follow-up on Monday 14th November from 5pm to 8pm.
AEG’s 2015 proposal was 36 floors in height and 115 metres tall.
Like a great deal of other sites on the Peninsula, which have either been cancelled (see also the Santiago Calatrava transport interchange) or progressing very slowly, it ensured a large vacant plot remains.
This site has always been outside the Knight Dragon masterplan area, which has been increased in scope a couple of times and now totals more than 17,000 homes.
Add in Morden Wharf and other plots such as Enderby Wharf phase two, and the Peninsula will eventually see well over 20,000 homes.
In recent weeks North Greenwich tube station has been approaching its pre-pandemic passenger usage levels once again.
One key factor is whether this plan is submitted and approved before Greenwich Council revise their Community Infrastructure Levy rates from some of the lowest in London – especially at sites such as beside a major Zone 2 tube station.
If they do, income for the local community and improved services will be substantially higher.
Lost income?
If not, setting low rates far below levels a 2015 viability report stated was possible in 2015 – then failing to revise as promised in 2018 – will again cost local residents substantially in lost income.
Those dates again for consultation events just outside the O2 entrance are:
Saturday 12th November between 10am and 1pm
Monday 14th November from 5pm to 8pm
