German supermarket chain Lidl is planning a number of innovative schemes in London to create mixed use developments combining new supermarkets with new homes.
Their plans to create around 3,000 new homes is expected to assist in gaining planning approval in and around the capital over the next three years. Local authorities are expected to welcome a commercial developer willing to assist with their delivery of new homes.
Ed Fowkes, development director at Prosperity Capital Partners, said “By combining retail uses with residential units, developers can deliver much-needed homes in urban locations without compromising on the retail and commercial spaces which the local community depends on.”
So we can expect shoppers to be filling their kitchen cupboards and viewing a new home in a single trip to Lidl soon!