Old Siemens factory set to become 500 homes

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Faraday Yard, Greenwich

Studio Egret West has submitted plans for a £200m mixed-use scheme in Greenwich, south-east London.

The scheme, called Faraday Works, involves turning the Victorian former Siemens Brothers factory into 492 new homes.

Built in the 1860s, the factory, once the largest in London and set up by a member of the Siemens family, the German industrial group, manufactured communication cables until its closure in 1968.

Faraday Works will also include 8,400 sq m of workspace,  retail units and public space and improvements to the nearby Thames Path.

The developer of the former industrial estate is a joint venture between U&I, Galliard Homes and current landowner Royal London.

Greenwich council is expected to determine the scheme in the second half of 2020.

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Bowater Road, Greenwich