The Council is interested in building new “extra care” housing on the site of the Lots Road car pound.
“Extra care” is a form of housing in which older people rent, lease or buy a home in a scheme where care is available on site and can increase, as people become older and frailer.
The intention is to build about 55 such homes on Lots Road that will be affordable to local older people on lower incomes.
The Cabinet of the Royal Borough formally authorised officers in 2016 to start work on delivering those affordable extra care homes.
At the same time the Cabinet also asked officers to explore the wider regeneration potential of the site – including forming partnerships with owners of adjoining sites - to deliver new homes as part of a mixed-use development that could also see new shops and business space added.
The main reasons for the development are:
- dire need for affordable extra care housing in the south of the Borough, following the closure of Thamesbrook
- the chronic housing shortage currently afflicting London
- the Council’s public commitment to help address that crisis by building new homes on the land it owns
- the tremendous potential of the Lots Road north and south sites to deliver on all of the above while securing much-needed long-term funding for the Council’s frontline services