Galliard Homes secures planning for £83m Newhams Yard scheme

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Newhams Yard, planning permission,

Galliard Homes has received planning permission from Southwark Council for Newhams Yard, a new £83m mixed-used development in Bermondsey

The Newhams Yard scheme will provide three buildings of up to ten storeys arranged to create a new public courtyard, with retail, restaurant and office amenities on the ground floor. The scheme’s design will maximise natural light and open-plan living for residents.

The newly consented Newhams Yard plans provide for 86 deluxe apartments consisting of studios, one-bedroom, two-bedroom and three-bedroom homes, alongside 143 aparthotel residences. The plans also provide for a café, co-working space and a state-of-the-art gym. The ground floor of each building will provide retail and restaurant space, creating a new communal hub for the area.

This is the latest joint venture for Galliard Homes and Acorn Property Group.

Each apartment at Newhams Yard will be designed with a bright and airy design, with select apartments providing a private terrace or balcony. The aparthotel residences will be operated by The Serviced Apartment Company (SACO). The first phase of apartments is due to be completed in Q2 of 2020, and buyers can register their interest online.

David Galman, sales director at Galliard Homes, said: “Galliard Homes are delighted with the decision made by Southwark Council granting planning permission for our new scheme Newhams Yard. The scheme is in a prominent position providing easy access to Tanner Street and Bermondsey Street and is immersed within the vibrant local Bermondsey community.

“The scheme will create a new communal hub for the local area with a variety of cafes, restaurants and retail opportunities which we anticipate will be very popular with local residents. We look forward to bringing our plans for stylish homes at Newhams Yard to life.”

Melanie Omirou, executive group managing director and funding director at Acorn Property Group, commented: “Acorn Property Group and Galliard Homes have a strong portfolio of chic, high-quality developments in particular across South London that have proven very popular with buyers. Following the positive decision to grant planning permission for Newhams Yard, we look forward to bringing another exceptional scheme to buyers.”

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