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Home , London Victoria station, Taberner House, Victoria line, Whitgift Centre

ON BEHALF OF BOROUGH OF

SIGNIFICANT RESIDENTIAL DEVELOPMENT OPPORTUNITY IN THE HEART OF EAST GREEN, CROYDON CR9 1DX COLLEGE GREEN, CROYDON CR9 1DX

EXECUTIVE SUMMARY

INTRODUCTION 1.97 acre cleared brownfield site in the heart of East Croydon.

Significant residential-led development opportunity.

Resolution to grant planning permission under planning reference 19/04516/FUL for • Erection of five buildings ranging in height from 7 to 29 storeys. • 421 residential flats (Use Class C3), flexible commercial space at ground floor of Building A (Use Class A1/A2/ A3) and Buildings C and E (A1/A2/A3 and/or B1/D1 or D2) Totalling 289,409 sq ft GIA (26,887 sq m). Total proposed residential Net Saleable Area (NSA) of 273,737 sq ft.

320 metres south of , with direct services into in 15 minutes.

Unconditional offers invited.

TYPE NUMBER TYPICAL SIZE (M2) Standard 5 30 Suite 27 40 Presidential 3 40 Royal 2 90 TOTAL 350

CGI of proposed scheme Blocks A&B looking east (Source: MICA architects)

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Croydon Crown Court Shopping Centre Boxpark Croydon Croydon Park Hotel No.1 Croydon

College Croydon East Croydon Annex College Railway Station

Site outline for indicative purposes only

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LOCATION

St Pancras International King’s Cross Croydon College Green is located in close proximity to both East Croydon Farringdon (320m) and West Croydon (1.2km) railway stations, where there is a Victoria frequent service to London Bridge, London Victoria and the London Blackfriars Underground Network, as well as London and Waterloo . Junction Canary London Wharf Croydon is easily accessible by road with the M25 located 10 miles to Bridge the south via the M23, which provides direct access from Croydon to to the north and and Brighton to the south. East Croydon Railway station is one of busiest non-terminal stations in London and the UK as a whole and saw 25 million passengers passing through the station in 2019. London’s Tram network is a major transport 30 service in Croydon, connecting the town to Wimbledon in the west 15 M4 Wimbledon and in the east. Both East Croydon and West Croydon railway stations are on the tram network, which serves approximately CROYDON 28 million passengers a year. M25 Heathrow M25 M3 New Addington Travel Time Destination (From East Croydon) 12 Clapham Junction 9 minutes 4 London Bridge 13 minutes Gatwick Airport 15 minutes M20 London Victoria Station 15 minutes St Pancras International 30 minutes 5 M26

Source: 10

Croydon is easily accessible by road with the M25 located 10 miles to M25 the south via the M23, which provides direct access from Croydon to Central London to the north and Crawley and Brighton to the South. 9 6 Croydon is located 18 miles north of London Gatwick Airport and can 7 be accessed via from East Croydon or via the M23. Gatwick is the UK’s second largest airport serving 228 destinations worldwide and Rail over 46 million passengers in 2019. M23 Croydon (Underground) Gatwick 9 (Underground)

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THE SCHEME RESIDENTIAL ACCOMMODATION

The Site The non-residential elements occupy the ground floor spaces of Blocks A, C and E, with residential accommodation on the upper floors. College Green is a cleared site with the exception of the substation on the north eastern boundary. It is situated within Croydon Metropolitan Centre and occupies a site area of 1.97 acres (0.8 hectares). The Proposed Development was designed by international, award winning architects MICA with London- Type of Unit Private Shared Ownership based Common Ground Architecture designing the Block E element of the scheme. The Site is located STUDIO 26 in the ‘Edge area’ of the OAPF which means there is the ability to develop buildings of significant height. 1B2P FLAT 165 6 Croydon Council have provided a resolution to grant full planning permission under application 2B3P FLAT 44 20 reference 19/04516/FUL for the: 2B3P (WHEELCHAIR) FLAT 42 “Erection of five buildings ranging in height from 7 to 29 storeys to provide 421 residential flats (Use Class C3), flexible commercial space at ground floor of Building A (Use Class A1/A2/A3) and Buildings 2B4P 64 30 C and E (A1/A2/A3 and/or B1/D1 or D2) together with associated cycle parking, public realm and 3B5P 20 13 landscaping, basement car parking, refuse storage, servicing and access arrangements.” 4B8P 1

TOTAL 352 69 Residential Unit Mix Schedule Floors 13-24 have similar layouts, as do floors 25-26 and 27-28. However, the ground – 8th floors all Residential Units Studio 1-Bed 2-Bed 3-Bed 4-Bed Total differ slightly in their arrangement. MARKET HOUSING 26 165 148 12 1 352

INTERMEDIATE 0 6 50 13 0 69

TOTAL 26 171 198 25 1 421

Commercial Areas Summary Schedule GIA (Sq ft) GIA (Sq m) Use Class BLOCK A 1,873 174 A1/A2/A3

BLOCK C 10,785 1,002 A1/A2/A3 and/or B1/D1 or D2 with priority to NHS for Health Centre

BLOCK E 3,014 280 A1/A2/A3 and/or B1/D1 or D2

TOTAL 15,672 1,456

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Public Realm Provision The development offers significant landscaping and enhanced public realm which will provide Croydon with new green spaces of The Fairfield and active street frontages. A public route leading from College Green will connect to the bridge across the railway providing a new east-west route via the footbridge. A secluded and access-controlled garden, equipped with a children’s play area will provide a space for sheltered recreation.

S106 and CIL There is no draft s106 for review or any contributions. However, draft details of developer obligations can be found in the Officer Report within the datasite. Any future resolution on this site will require discussions with Croydon Council in regards to the unit mix and affordable housing provision, based on updated policy position. More details can be found in the planning note. This site is liable for the London Borough of Croydon CIL (£120 / sqm for A1-A3, B1 and D2 use) and the Mayoral CIL (£25 / sqm for Croydon). There is no CIL payable on residential accommodation in Croydon Metropolitan Area.

Fifth Floor Plan Source: Amended Fifth Floor Plan (MICA Architects)

Floors 13-24 Floor Plan Amended 13th - 24th Floor Plan (MICA Architects) View looking east over College Green

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PLANNING • The current application which has a resolution to grant has undergone detailed discussion with London Borough of Croydon (LBC). Between 2018 and April 2019, five pre-application meetings were held with LBC. During the pre-application process, the scheme was also presented to The Croydon Review Panel (CPRP) twice. Pre-application meetings were also held with the GLA. • In April 2020, the application went to the Planning Committee, who resolved to grant planning permission subject to: a) Any direction by the London Mayor pursuant to the Mayor of London Order b) The prior completion of a legal agreement to secure planning obligations. • Included within this planning permission are a total number of 13 car parking spaces (blue badge disabled) in addition to 745 long stay cycle parking spaces and 38 short stay spaces. • The proposal comprises five distinct buildings (Blocks A-E). The following uses are proposed in each block:

Block Number of Storeys Unit Numbers Commercial Space BLOCK A 29 146 1,873 sqft of flexible retail floorspace (A1-A3 uses)

BLOCK B 9 53 10,785 sqft of flexible commercial/retail or non- BLOCK C 7-10 55 institutional floorspace (A1, A2, A3, B1, D1 and/or D2 uses) with first refusal to the NHS BLOCK D 8-13 83 Section Visual of College Green Scheme 3,014 sqft of flexible commercial/retail floorspace (Source: MICA Architects) BLOCK E 12 84 (A1, A2, A3, B1, D1 and/or D2 uses) TOTAL 7-29 421 15,672 SQFT

• The blocks have been arranged to provide a series of interconnected spaces and animated public realm that establish a clear delineation and hierarchy of different places.

CGI of proposed scheme Blocks A&B looking east (Source: MICA architects) Proposed Block Layout, Committee Report, April 2020 12 13 COLLEGE GREEN, CROYDON CR9 1DX COLLEGE GREEN, CROYDON CR9 1DX

Unit Type by Block

Block Typology No. of Units GIA (Sqm) GIA (Sqft) Studio 16 624 6,717 ACCOMODATION SCHEDULE 1b2p 68 3,406 36,662 2b3p 26 1,592 17,136 A 2b3p (w/c) 22 1,628 17,524 2b4p 4 282 3,035 The below accommodation schedule indicates the average sizes per typology in addition to unit pricing. 3b5p 10 868 9,343 Total 146 8,400 90,417

Block Use No. of Units GIA (Sqm) GIA (Sqft) Block Typology No. of Units GIA (Sqm) GIA (Sqft) Residential 146 8,400 90,417 2b3p (w/c) 6 456 4,908 A Commercial 174 1,873 (A1-A3 and/or B1/D1 or D2) B 2b4p 42 2,964 31,904 B Residential 53 3,892 41,893 3b5p 5 472 5,081 Residential 55 3,483 37,491 Total 53 3,892 41,893 C Commercial 1,002 10,785 (A1-A3 and/or B1/D1 or D2) D Residential 83 4,958 53,367 Block Typology No. of Units GIA (Sqm) GIA (Sqft) 1b2p 28 1,424 15,328 E Residential 84 4,698 50,569 Commercial 2b3p (w/c) 2 148 1,593 280 3,014 (A1-A3 and/or B1/D1 or D2) C 2b4p 20 1,415 15,231 Sub Total (Residential) 421 25,431 273,737 3b5p 4 372 4,004 Sub Total (Commercial) 1,456 15,672 4b8p 1 124 1,335 Total 26,887 289,409 Total 55 3,483 37,491

Source: MICA Schedule of Accommodation Feb-20. See also Amended Schedule of Accommodation Block Plan (both documents can be found of the datasite and are the most updated documents which have been made available to us) Block Typology No. of Units GIA (Sqm) GIA (Sqft) Studio 10 390 4,198 1b2p 25 1,275 13,724 2b3p 16 976 10,506 D 2b3p (w/c) 12 810 8,719 2b4p 14 981 10,559 3b5p 6 526 5,662 Total 83 4,958 53,367

Block Typology No. of Units GIA (Sqm) GIA (Sqft) 1b2p 50 2,500 26,910 E 2b3p 22 1,347 14,499 2b4p 12 851 9,160 Total 84 4,698 50,569

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CROYDON REGENERATION

Croydon Town Centre Croydon is one of the UK’s best connected business hubs, being ideally located 15 minutes to both central London or Gatwick and 33 minutes to Canary Wharf. The borough also benefits from the capital’s Croydon is a growth borough and its town centre is a major hub both within the borough and only tram network. London as a whole. East Croydon station welcomes over 26,000 passengers daily and the Council have instigated a significant regeneration programme, which will transform the centre and create a There are c. 1 million economically active individuals within a 30 minute commute of Croydon. Having desirable destination to live, work and socialise. been identified as a Growth Zone, it is well on its way to transforming into the “Economic Powerhouse of South London”. This regeneration anticipates the creation of over 23,500 jobs and the local plan sets an ambitious target of nearly 33,000 new homes to be built across the borough by 2036, over 33% of these to be The regeneration plans are set to transform the 32 million sq ft of industrial and employment developed within Croydon town centre. floorspace into an attractive and environmentally friendly location, so that businesses can operate in a more efficient and effective way.

Croydon Regeneration Schemes

Fairfield Masterplan • 8 acre site in Croydon Town Centre • The £1 billion development will create 2,000 new homes over the next 15 years. • This mixed-use development will transform he area into the cultural and educational heart of Croydon. • The hybrid planning application was approved in April 2017 and will be developed across a number of phases.

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RESIDENTIAL SCHEMES

Ten Degrees, CR0 1GP Queen’s Quarter () , CR9 3JS Queen’s Square, CR9 1NR • 546 residential units (437 Private BTR) • 513 units (251 Build to Rent & 262 Affordable Rental tenures) • 288 units (265 private units) • Developer: Greystar • Developer: Legal & General and HUB • Developer: R&F Group • 44 storeys • 35 storeys • 28 storeys • Completion: Q1 2021 • Completion: Autumn 2021 • Completion – Phase 1 scheduled for Q3 2022 Phase 2 Pre-Planning

Morello Quarter, CR9 Leon House, CR0 9XT Admiral Court, CR0 4HB • 297 units • 263 units • 65 units (42 private units) • Developer: • Developer: FI Real Estate • Developer: Orbit Homes • 19 storeys • 20 storeys • 10 storeys • Completion – Q4 2014 • Completion: Q3 2018 • Completion – Q4 2019

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One Lansdowne Central London

The Whitgift Centre Ten Degrees

College Road Mondial House

Fairfield Masterplan - Culture Quarter East Croydon Station

Queen’s Square Leon House

College Annex Queen’s Quarter (Taberner House) COLLEGE GREEN

Leon Quarter Croydon Park Hotel

Source: Vu.City – The site (outlined in red) with proposed development which is consented (yellow) and under construction (blue). (Viewed from the South East)

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FURTHER INFORMATION CONTACTS

Andrew Cox Lucy Robbie Nuala Morris Director Associate Director Graduate Surveyor Development Land Development Land Development Land Tenure M: +44 (0) 7967 555 429 M: +44 (0) 7807 999 526 M: +44 (0) 7866 203 469 The site is for sale freehold with full tenure detail available within the dataroom. E: [email protected] E: [email protected] E: [email protected]

VAT The site is not elected for VAT.

DATASITE Further documents and information are available on our datasite. Please visit: www.savills.co.uk/collegegreen

VIEWINGS The site is hoarded and cleared. Part of the site is being used for construction material storage purposes. Viewings are therefore by appointment only at scheduled times with the appointed agents.

MISREPRESENTATION ACT 1967. The London Borough of Croydon for themselves and for the vendors or lessors of the property whose agents they are give notice that: (i) these particulars are given without responsibility of London Borough of Croydon or the vendors or lessors as a general outline only for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract; (ii) The London Borough of Croydon cannot guarantee the accuracy of any descriptions, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and any prospective purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the accuracy of each of them; (iii) no employee of the London Borough of Croydon (and their joint agents where applicable) has any authority to make or give any representation or warranty or enter into any contract whatsoever in relation to the property; (iv) VAT may be payable on purchase price and/or rent, all figures are quoted exclusive of VAT, intending purchasers or lessees must satisfy themselves as to the applicable VAT position, if necessary by taking appropriate professional advice; (v) except in respect of death or personal injury caused by the negligence of the London Borough of Croydon, its employees or servants, the London Borough of Croydon will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars save to the extent that any statement made in these particulars has been made fraudulently. June 2021. Designed and Produced by Roar Image June 2021.

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