18 Blackfriars road scheme originally comprised a 23 and 42 storey tower put forward by a Malaysian joint venture called ‘Black Pearl’.
Planning permission for redevelopment of the site was granted when it was called in by the Secretary of State (Labour government in 2009), but apart from the demolition of the following period buildings on the site (including the Paper Moon pub) there was little progress until a new planning application was lodged in 2017. The new application increased the height of the buildings with the tallest now 53 storeys tall.
The planning committee report which approved the application confirms that 61 of the 288 residential units will be social rent, a further 13 affordable rent and 22 shared ownership units will be provide offsite by purchasing them from Family Mosaic’s Amelia Street development on the Walworth road. It also made an in-lieu payment of £1.6m (paras 153-154).
The development will also comprise a luxury 548 room hotel.