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Work will begin in Fulham this year on almost 2,000 new homes. They will be in a string of towers that reach as high as 37 storeys. At the moment, the completion date is the summer of 2036.
Previously, the site was home to a gas works company. It has closed already, with the business relocating. This project shall join a series of fashionable developments that line the river in south-west London.
One holder will remain behind
Workers will demolish the majority of the gas holders present on the site. Only one shall remain because it is Grade II listed. Some claim it to be one of the world’s oldest structures. Instead of demolition, it will undergo renovations and function as the centrepiece of a public park.
Roughly, a third of the homes will have “affordable” status. They’ll also be specifically targeting priced-out local renters and first-time buyers. The shared-ownership ones will attempt to attract buyers with a household income of as much as £75,000. This is for one-bedroom flats. For two-bedroom structures, they’ll aim for people with £90,000 incomes. For rent, the one-bedroom flats shall have a capacity of £250 a week. It will be £302 each week for the two-bedroom flats.
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