Criterion Capital to unveil plans for 567 homes on the Greenwich peninsula

Criterion Capital is set to unveil plans to construct 567 houses on the Greenwich Peninsula but said it will scrap approved proposals for a cruise liner terminal on the site following local controversy. 

Barratt Developments previously owned the site and received approval to build three towers ranging in height from 23 to 32 storeys and a cruise liner terminal back in 2015. 

Criterion Capital will now use the site for residential development only, stating that the proposed cruise liner terminal was “controversial locally and not environmentally sound”. It plans to the construct three residential towers at Enderby Place, but has not said how many storeys the buildings will be. 

The property investment company and developer has also announced that it plans to increase the percentage of affordable homes in its new scheme, to provide 24.5% of homes for “low-cost rent” and 10.5% for shared ownership.

The previous scheme approved in 2015 was set to provide less than 16% affordable homes, which was deemed “unacceptable” in a Greater London Authority report on Enderby Wharf.

Criterion Capital purchased the site in 2019 and is scheduled to present the new proposals in two days’ time (14 October).

Criterion states that approximately 63% of the site will be dedicated to public space, including two new outdoor areas for seating and children’s play areas.

Buckley Gray Yeoman has been appointed as the architect to design the scheme.

The site is located within the Greenwich Peninsula Opportunity Area, an area envisaged within the London Plan and the Greenwich Core Strategy for a significant number of new homes and jobs.

According to the proposal, it is “one of the few places in the borough considered suitable for tall buildings”.