John Lewis Secures Approval for First Housing Development
Bromley Council greenlights 24-storey project despite local opposition, marking a new venture for the retail giant.
- John Lewis will build 353 rental flats above a Waitrose store in Bromley, with only 10% classified as affordable housing.
- The project has faced significant opposition from residents concerned about the building's height and its impact on local amenities.
- The development is part of John Lewis’s strategy to diversify revenue streams by entering the housing market.
- Construction is expected to begin in early 2025 and be completed by 2029.
- The project will also include a renovation of the existing Waitrose store and aims to boost local council tax and spending.