New Marlborough Yard, 2014-2017
- new mixed tenure homes and commercial space around a new street behind The Cut, Waterloo
Otterlo London acquired on behalf of Galliard and Acorn Property Group part of Lewisham & Southwark College's Waterloo Campus.
The site was purchased on an unconditional basis following a three week tender. The proceeds of the sale have been utilised by the college to build a state of the art 21st Century education facility around new pubic realm that will be shared with the new development on the enabling half.
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Otterlo formulated a bespoke sale and leaseback framework that dealt with the College's requirements. A series of agreements and leasebacks were completed and executed within just six weeks.
This framework allowed the college to remain in occupation for 18 months after the sale while they completed the work on their new campus. Meanwhile building on an extant permission we have introduced a vibrant new public space dynamically linking The Cut with the Waterloo hinterland beyond. In doing so justifying a 40 percent uplift of floor area.
The site first came to prominence in the historical record as part of the botanical garden created by apothecary & botanist William Curtis in 1779, one of the first of its kind. William Curtis cultivated, studied and archived a wide range of exotics and British flora. Curtis attempted to collect and catalogue all flora within a ten mile radius of London.
The proposed scheme for the site continues the horticultural heritage with extensive landscaping and the restoration of an original street connecting to The Cut.
This is a mixed use development comprising 60 residential apartments and 800sqm of flexible commercial space. Designed by Haworth Tompkins (Stirling Prize 2014), architects renowned for their award winning Young Vic Theatre opposite.
Former Lewisham & Southwark Campus, Ufford Street, London SE1
60 apartments and ground floor commercial units - 9,000sqm
Galliard Group, Acorn Property Group - Otterlo London acting as Developer Manager
Pryce & Myers,
Mitzi de Margary