Camley Street redevelopment to be largest yet in King鈥檚 Cross鈥檚 expanding Knowledge Quarter
Camden council has launched a procurement process to find a development partner for a 拢500m mixed-use scheme in London鈥檚 Knowledge Quarter.
The Camley Street redevelopment is set to be the largest life sciences project yet in the expanding commercial district around King鈥檚 Cross station.
Designed by Stirling Prize-winning architect Feilden Clegg Bradley Studios, it will include more than 200,000 sq ft of office space geared towards the life sciences, technology and digital industries and 350 homes, 170 of which will be affordable.
Spanning 3.56 acres, it will be set across two council owned sites at 120 - 136 Camley Street and 3 -30 Cedar Way, either side of the railway leading into St Pancras station.
It will join a cluster of major healthcare and bioscience schemes in the area, including Precis Group鈥檚 拢150m Merck life sciences centre opposite King鈥檚 Cross station, which is being built by Mace, the 拢400m RSHP-designed British Library extension, which received planning approval in January, and the 拢250m Moorfields eye hospital, which was won by Bouygues last year.
Camden council said it is looking for a development partner with a proven track record for 鈥渄elivering high quality, commercial-led schemes targeting the knowledge economy鈥�.
Under the agreement, the appointed partner will work with the council on a drawing up a planning application. Following approval, the partner will acquire the existing industrial estate at 3 - 30 Cedar Way on a 250-year leasehold to build out the commercial space, private residential units and affordable homes.
Further affordable housing and affordable workspace at the Camley Street site will be directly developed by the council.
Camden鈥檚 director of development Neil Vokes said: 鈥淩arely does an opportunity as significant as Camley Street come to market in central London.
鈥淭he potential exists for a key site with scale and connectivity, to write a new chapter in the history of Camley Street that sets the standard for social value, active sustainability and lasting ideas.
鈥淭his is best done in partnership with a developer prepared to align to the values we attach to our stewardship of places, people and development.鈥�
Proposals for the two sites have been worked up over the past three years with a project team including procurement consultant JLL and architects Studio Woodroffe Papa and Architecture 00.
The scheme is part of the council鈥檚 拢2.3bn plan to build nearly 5,000 homes in Camden, including a large quantity of affordable homes and new community facilities.
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