CROYDON 2014/15 – HOUSING CYGNET COURT 72 UNITS MARKET HOUSING STARTS 1872 THE CROYDON DELTA POINT MARKET HOUSING COMPLETIONS 849 PARTNERSHIP SCHEME 404 UNITS SAFFRON SQUARE GALAXY HOUSE AFFORDABLE STARTS 129 (ONSITE/COMPLETING) 290 UNITS AFFORDABLE COMPLETIONS 705 792 UNITS
SURREY HOUSE 30 UNITS RUSKIN SQUARE VERTEX GREEN DRAGON HOUSE COLLEGE GREEN 161 UNITS (ONSITE/COMPLETING) 110 UNITES 98 UNITS MOTT MACDONALD SUNLEY HOUSE CROYDON 2014/15 – JOBS & GROWTH HOUSE 80% LET; 20% UNDER MONDIAL HOUSE 100% LET REFURBISHMENT) 100% LET
COMMERCIAL FLOORSPACE TAKE UP THE 212,000SQ.FT INTERCHANGE IN 2014 (HIGHEST IN DECADE) THE CROYDON LANSDOWNE RENAISSANCE AMP HOUSE ONE CROYDON 60% LET/UNDER OFFER PARTNERSHIP SCHEME BUILDING 100% LET 95% LET 100% LET (100% VACANT 2014/15) COMMERCIAL FLOORSPACE TAKE UP 95% LET 144,386SQ.FT TO DATE IN 2015
COMMERCIAL AVAILABILITY (75% c400,000SQ.FT DECLINE SINCE 2013)
NEW GRADE A QUOTING PRICE (45% £35 SQ.FT INCREASE)
LEON HOUSE MID CROYDON SOUTHERN COLLEGE GREEN AIG BUILDING CITYLINK KNOLLYS/ MET IN ADMINISTRATION AWAITING COMPREHENSIVE HOUSE SCHEME 100% LET HOUSE STEPHENSON LIFE POTENTIAL REDEVELOPMENT REDEVELOPMENT 75% LET 100% LET HOUSE 100% 90% LET LET CROYDON 2014/15 – COMMERCIAL UPTAKE
300,000 144,386 258,000 LET/UNDER OFFER IN 2015 ALREADY 250,000 212,200
200,000 166,002
150,000 121, 737 124, 561 ANNUAL TAKE UP IN SQ FT ANNUAL TAKE 75, 651 100,000 66, 845 69,912
50,000 2007 2008 2009 2010 2011 2012 2013 2014 2015 YEAR KEY ACHIEVEMENTS IN 2014/15: GEORGE STREET
BEFORE AFTER KEY ACHIEVEMENTS IN 2014/15: RATES FREE FOR A YEAR KEY ACHIEVEMENTS IN 2014/15: BOXPARK CONNECTED CROYDON – MRF/LBC/TFL
NEW FOOTWAYS (M2) 9190
SPACES AND PLACES IMPROVED (M2 15960 NEW BUS STATION LANSDOWNE ROAD NEW GATEWAY - EAST LONDON ROAD AND ENTRANCE TO AND PEDESTRIAN CROYDON STATION IMPROVEMENTS WEST CROYDON PUBLIC REALM PUBLIC SQUARES (M2) 780 BRIDGE (COMPLETE) UPGRADED BUILDING FACADES 117 HIGH STREETS DE-CLUTTERED 7
2015 /16 2014/15 DELIVERED
WANDLE PARK/OLD MAJOR FOOTPATH IMPROVEMENTS CONNECTING FOOTWAY WIDENING EAST WEST ROUTE - TOWN - COMPLETE EAST/WEST ALONG GEORGE STREET SOUTH END COMPLETE MEANWHILE & ENTERPRISE – MRF
JOBS CREATED 302 JOBS SUPPORTED 897 NEW BUSINESS CREATED 79 BUSINESSES SUPPORTED 161 RESIDENTS IN TRAINING & SUPPORT PROGRAMMES 200 VACANT RETAIL UNITS BACK IN LONG TERM USE 7 BOXPARK REDUCTION IN VACANCY RTE 10.1%
REEVES CORNER
TECH CITY
CHURCH STREET STREETEATERY THE CROYDON THE CROYDON PARTNERSHIP PARTNERSHIP WESTERN SCHEME PROSPECT
➔ CPO/SUO INQUIRY CONCLUDED ON 13 MARCH 2015 ➔ DECISION EXPECTED BY SEPTEMBER 2015 ➔ 12 WEEK APPEAL PERIOD (LBC) / 6 WEEK CHALLENGE PERIOD (OTHERS) ➔ KEY PURCHASE OF THE WHITGIFT TRUST INTEREST, GIVING LANDLORD TENANT CONTROL ➔ ONGOING DISCUSSIONS TO RESOLVE REMAINING OBJECTIONS AND THE CROYDON PARTNERSHIP EASTERN PROSPECT REQUIRED PURCHASES VIA NEGOTIATION ➔ REVISED GOVERNANCE SYSTEMS, INCLUDING NORTH END, IN PLACE TO WHITGIFT CENTRE MANAGE THE PROJECT COLLEGE GREEN CROYDON’S FRONT DOOR
➔ A CRITICAL POINT OF ENTRY TO THE METROPOLITAN CENTRE COLLEGE GREEN MASTERPLAN ➔ THE CULTURAL AND EDUCATIONAL HEART OF CROYDON ➔ NEW COMMERCIAL, LEISURE AND CULTURAL ACTIVITY TO UNDERPIN THE LEISURE AND VISITOR ECONOMY ➔ NEW HIGH QUALITY OPEN SPACE WITH IMPROVED ROUTES THROUGH CONNECT TO EAST CROYDON STATION AND THE TOWN CENTRE ➔ MOTT MACDONALD & RICK MATHER HAVE BEEN APPOINTED TO DELIVER A HYBRID PLANNING APPLICATION FOR COLLEGE GREEN INCLUDING THE MODERNISATION OF THE THE SCHEME WILL FAIRFIELD HALL DELIVER A HIGH QUALITY CREATIVE ➔ DESIGN HAS COMMENCED & CULTURAL ON THE SCHEME WITH COLLEGE GREEN ENVIRONMENT SUBMISSION OF THE PLANNING APPLICATION LATER IN 2015 TABERNER HOUSE NEW LAYOUT DESIGN FOR 420 UNITS IN CONSULTATION PARTNERSHIP WITH ESSENTIAL LIVING
➔ PREVIOUSLY CONSENTED SCHEME MAY ’15 VIA CCURV INCLUDED 15% AFFORDABLE. ➔ COUNCIL NOW USING ITS DEVELOPMENT COMPANY TO A) INCREASE FINANCIAL RETURN, AND B) INCREASE AFFORDABLE TO 30% ➔ PLANNING APPLICATION TO BE SUBMITTED IN NEXT 2 MONTHS, WITH AIM TO START ON SITE Q1 2014
TYPICAL FLOOR LAYOUT IN NEW SCHEME Croydon 2014 Croydon 2031