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The Bermondsey Project Local Strategy 2023

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Posted 3 years ago

Over the next four years, the Bermondsey Project will deliver over 1,500 new rental homes to Bermondsey. Through construction and following delivery, hundreds of training and job opportunities will be created for local people, and new connections through the area alongside new public spaces will revitalise the neighbourhood as a thriving economic centre for Bermondsey and Southwark.

Investment on this scale combined with Greystar’s strong track record of delivering and managing build-to-rent development, and our commitment to active involvement with the local community, creates a catalyst for significant long-term social and economic benefits in the wider neighbourhood.

We are now pleased to share Greystar’s Local Legacy Strategy 2023.

Over the last year, Greystar has enjoyed getting to know a wide range of community groups and local representatives in Bermondsey. We appreciate those who have taken the time to meet with us and share what you believe are key priorities for social and economic growth and development in Bermondsey.

We have carefully considered your views and recommendations in the preparation of our updated Local Legacy Strategy for the Bermondsey Project. This Local Legacy Strategy acknowledges the significant work that the previous site owner, Grosvenor, did with the community, and seeks to demonstrate the progress Greystar has already made. This Strategy outlines the commitments that Greystar is making to ensure that the benefits delivered through the Bermondsey Project are felt widely across the community.

Taking into account priorities that we’ve heard from local community members alongside those identified by Southwark Council, the Local Legacy Strategy is underpinned by the following aims:

  • Quality of life. Make the area an even better place to live and contribute to improving resident’s quality of life, both within the new neighbourhood and the wider community.
  • Economic opportunity. Increase economic opportunities for local people and businesses by offering over 400 training opportunities and 130 new employment opportunities.
  • Community cohesion. Through construction and delivery, bring together different people within the new neighbourhood and the wider community to support the creation of an integrated, sustainable and balanced community.

To reflect local priorities and ensure opportunities are maximised and wide-reaching, the Local Legacy Strategy 2023 focuses on four key themes:

  1. Community Wellbeing – Targeting investment to create a safer environment for residents and improved wellbeing in the community
  2. Education – Actively supporting local high-quality education and raising awareness in schools of employment and training opportunities
  3. Skills Development & Employment – Supporting local people into long-term employment opportunities, both during construction and thereafter
  4. Business & Enterprise – Revitalising the neighbourhood, creating opportunities for businesses and encouraging enterprise to support the re-establishment of a thriving local economy.

The full Local Legacy Strategy includes details of the initial steps that we will be taking to deliver on our aims for the community, including work we have been progressing with the Blue Bermondsey BID, Big Local Works, local councillors and other members of the community. We have also explained how we will measure our success.

The Local Legacy Strategy can be viewed in the Archive section of this website or through the Southwark planning portal.

If you have any questions or comments about the project or our plans, please get in touch with us via the contact details below or sign up to our mailing list by clicking ‘Keep Me Updated’.

📧 info@greystar-bermondseyproject.com

📞 020 3900 3676

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