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An £85 million Abbey Wood planning application submitted

PUBLISHED: 13:59 08 January 2013

An artist's impression of Cross Quarter

An artist's impression of Cross Quarter

Archant

An £85 million planning application in to regenerate Abbey Wood has been submitted to Greenwich Council.

An £85 million planning application in to regenerate Abbey Wood has been submitted to Greenwich Council.

The Cross Quarter regeneration scheme would deliver a Sainsbury’s supermarket, 216 homes, a 100 bed hotel, a nursery, public square and 5,000 square ft of accommodation for start-up businesses.

Berkshire Investment Capital and Development Securities claim the plans will generate £125m of revenue for the community and provide 500 full and part-time jobs.

Steven Glancy, of the firm, said: “The support received from the local community has been really positive and we have taken away a clear message that people want to see this development happen as soon as possible.”

More than 200 residents have been consulted and, if approved, the developers hope to the first phase will be complete in 2015. See cqabbeywood.co.uk.

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