Capital House

Welcome to Greystar’s website on
the amended proposals for the redevelopment of
40-46 Weston Street (Capital House)

Key benefits
of the scheme

Affordable housing

£28.7m payment towards affordable housing

35% affordable housing contribution

100% of the contributions will deliver social rented housing in the Borough

Public realm improvements and sustainability

Improving the quality of the environment, active frontages and the public realm

Wider pavements and improved pedestrian routes

Over 500 bicycle spaces, including a free to use bicycle hire scheme

Construction phase

Over 300 construction jobs

18 apprenticeships in the scheme for young people in the borough

Estimated spend in local economy

Operational phase

Over 68 jobs created during the operational phase both in the student accommodation and the ground floor uses

Providing purpose-built student housing, relieving pressure on existing private rented housing stock

Start up retail and affordable workspace

Affordable, social enterprise spaces to help businesses grow

Flexible workspace for local start-ups

Our commitments to local young people

Community work experience taster days for local school and college children

Student mentors to link up students with local school and college students

Bi-annual graduate fairs to assist in career choices of local people

Work with businesses and Team London Bridge to create a student discount card for local independent businesses

Provide an active events, sports, arts and social programme for our residents

Provide a network for students with 4,500 students who stay in Greystar developments across the capital

Access to facilities, events and training for local school, college attendees and teachers

Provide community links and volunteering opportunities with local organisations

CIL + S106

Significant CIL and S106 contributions to LB Southwark

Contact us

If you have any questions or concerns about the amended proposals, please let us know either by emailing or by calling 020 3900 3676.