Morgan Sindall agrees forward funding for Lewisham Gateway scheme
Construction and regeneration company Morgan Sindall said on Tuesday that its urban regeneration division has agreed a £252m forward funding deal with Get Living to deliver the final phase of its Lewisham Gateway scheme.
Once complete, the scheme will be operated by Get Living and provide 649 homes for rent, around 25,000 sq ft of retail space, 15,000 sq ft of food and beverage space, a gym, 10,000 sq ft of offices and Lewisham's first major multiplex cinema, which has been pre-let.
The scheme is expected to complete in 2023.
The wider development is a joint project with the London Borough of Lewisham, the Mayor of London and Transport for London, supported by Homes England.
Chief executive John Morgan said: "This deal reinforces our regeneration strategy and is testament to our expertise in this area. We look forward to working in partnership with Get Living to deliver a transformational scheme to the local community."