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LandsecU+I, which is real estate investment trust company Landsec's regeneration arm, has proposed a 17-acre masterplan, designed by SEW, that will deliver 1,700 new homes alongside 445 co-living residences and up to 660 student beds, progressing Landsec's pipeline of residential-led opportunities in the capital.
The new district will be set around eight-acres of accessible green space and public realm, including an urban meadow which sits at the heart of the masterplan.
Landsec has been part of Lewisham for over 20 years as the owners of Lewisham Shopping Centre. The proposals have been shaped in collaboration with over 3,000 people living and working in the borough.
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The shopping centre will be retained where possible, allowing it to remain open for the local community and for development to be delivered in discrete incremental phases.
On top of a reimagined shopping centre will be a pedestrianised high street lined with restaurants, cafes and bars, as well as a 500-person live music venue to support Lewisham's buzzing cultural scene.
The masterplan will enhance access to nature and open public space with over 300 new trees and three new town squares across eight acres.
The meadow, a new public park, will sit at the heart of the new district and include wildflower planting to boost biodiversity and meet demand for quality green space across the city.
Mike Hood, CEO of Landsec U+I, said: "This submission marks an important milestone to create a new green centre for Lewisham. A place that people will love, that brings immense social and economic change, thousands of much-needed homes and a beautiful green meadow on top of a revived shopping centre.
"For the last 20 years our team has been embedded within the community and I'm delighted that we were able to create this vision with thousands of people in Lewisham through one of our most extensive public engagement programmes."
