Renewal say Surrey Canal plans on track despite station setback

Renewal, the London-based property investment company with development plans for Surrey Canal is pressing on with its master plan consultation, despite the government's refusal to fund an East London Line station to serve the site.

They are holding a further public exhibition of their proposals for on Friday 1st and Saturday 2nd October 2010 from midday to 4pm. The exhibition will be held at Scotney Hall, 15 Sharratt Street, London, SE15 1NR.

The proposals promise "up to 2,700 new homes, 2,000 new jobs, improved connections, an improved setting for Millwall Football stadium, cafes, shops and new public spaces. Surrey Canal will be a centre for sporting excellence and will include sports such as boxing, basketball, netball, table tennis cricket and a new leisure centre with swimming pool."

Mark Taylor, Development Director, Renewal said:

“It is disappointing that the Government has declined to make the £7m contribution at this time, particularly as the business case for the Surrey Canal Road station is so compelling. We are sure this issue will continue to be reviewed at local, regional and national levels as the regeneration of the North Lewisham area is taken forward. There is already £3m committed from the London Borough of Lewisham and we remain confident that the station will be delivered.”