Projects | Bromley | Crystal Palace Park Residential

Crystal Palace Park Residential

Project Information

Status
Outline planning consent has been granted for 210 residential units
Borough
Bromley
Estimated completion
Marketing will take place within the first half of 2024 with a view to selecting a developer in short order.
Location
Crystal Palace
Delivered by
London Borough of Bromley
Opportunity
Immediate Investment
GDV
£95m
Asset Class
Living

Crystal Palace Park Residential

The investment proposition: London Borough of Bromley is looking to dispose of the sites with receipts to be used for the restoration of Crystal Palace Park.

Key facts:

  • 2 sites
  • 140 apartments (Rockhills)
  • 70 apartments(Sydenham Villas)
  • 2.81 acre freehold development opportunity across two sites
  • Excellent connectivity (0.8 miles from Crystal Palace railway station, 10-min walk to Penge West station)
  • Crystal Palace Park undergoing significant regeneration

A unique opportunity to deliver residential accommodation (210 apartments) on the beautiful and historic Crystal Palace Park. Low rise high quality residential development delivering a mix of affordable and private tenures. This is a true one off. Crystal Palace Park is an iconic Victorian park and one of the most important in the UK. Designed by Sir Joseph Paxton, the park was created to house the Crystal Palace, following its relocation from the 1851 Great Exhibition, and was opened by Queen Victoria in 1854.  As part of a wider regeneration plan for the park, two housing sites on the periphery of the park are coming to the market. This is a unique opportunity to deliver residential accommodation (210 apartments) on the beautiful and historic Crystal Palace Park. 

Low rise high quality residential development delivering a mix of affordable and private tenures. The capital receipts raised from the housing land sales will go directly towards the regeneration of Crystal Palace Park, mainly the restoration of the Italian Terrace stonework, and the Grade I listed dinosaurs.