Peabody – Thamesmead
In 2014, leading London housing association Peabody acquired 1600 homes and a wide range of other assets in Thamesmead in South East London. Originally conceived of by the Greater London Council in the 1960s as a utopian ‘New Town’ within London, Thamesmead has suffered from inconsistent governance, investment and management. Since February 2014 Regenfirst staff have been working seamlessly as part of a Peabody team that has developed and promoted proposals for the future of Thamesmead as a major regeneration opportunity in London with the potential to accommodate 19,000 new homes and thousands of jobs.
Regenfirst helped Peabody to secure £71m from the Mayor of London’s Housing Zones programme (the largest allocation in the programme) and developed a detailed financially viable programme for delivery of the first 2,800 new homes in Thamesmead. Detailed planning applications will be submitted early in 2016 for the first phase sites. Regenfirst also commissioned and project managed a masterplan for one of the major original Thamesmead Housing Estates and established Peabody’s programme of decanting and buying back homes in Thamesmead to enable redevelopment.
"Regenfirst staff have been an invaluable part of our Thamesmead team for the last year and a half, working diligently, collaboratively and flexibly to help shape our ambitious development plans and secure support and funding from the Mayor of London, Transport for London and the two Local Authorities. I would highly recommend Regenfirst to other Housing Associations and regeneration agencies."− Ken Baikie, Director Regeneration Thamesmead