Thamesmead is one of the biggest developments in London, seeing over £1 billion invested to create new homes, infrastructure and amenities. All of the work is transforming the area and making it into a far more appealing destination for residents. Bexley Council recently revealed plans that will provide an additional boost. These come in the form of a landmark institute that would become a world leading campus for construction, design, and engineering.
The Place and Making Institute could be created via a partnership between the local council, London South East Colleges, Peabody housing group, and other skilled providers. A site in nearby Abbey Wood has been suggested for the development. It would place it close to Harris Garrard Academy and the local station.
The aim of the institute would be to provide world leading training, research, and innovation that would help to improve standards in construction and place-making. This is very important for London as there is so much pressure to create new homes, space for businesses, and incorporate essential amenities in too.
The plan for the new education provider is ambitious. It would include a number of universities, an FE college, and an academy for students between 16 and 19. All of this would be supported by specialist training providers to ensure that the skills students gain would be outstanding.
The project could bring even more regeneration to Bexley, particularly attracting families with children who are planning a career in construction, design, or engineering. It will be interesting to see how the plans move forward and if a formal deal is agreed.
At Finefair we have a lot of knowledge when it comes to property management Bexley landlords can trust in. We understand the area, the diversity of tenants, and what it takes to manage properties effectively. Further regeneration is fantastic for the area and could drive up values. This is great news for investors.
If you currently own investment properties in the area or are considering purchasing, contact our team for advice and a personal service.