Thamesmead Waterfront Image
London, UK

Thamesmead Waterfront

In partnership with Peabody, Lendlease is revitalising the existing Thamesmead town centre by creating new cultural, community and commercial spaces and around 11,500 new homes. The 100-hectare site next to the River Thames is one of the few remaining undeveloped waterfront sites in London that offers the scale and capacity to accommodate significant, and sustainable, long-term economic growth and housing.

Surrounded by green spaces and a rich natural environment, Thamesmead Waterfront will deliver a new concept for waterfront living that is accessible, inclusive, and productive, and includes a strong retail, commercial and leisure offer as well as a substantial number of new homes.

Project at a glance

Thamesmead Waterfront

Completion Date
Expected completion 2040+

Estimated Value
$14.5 billion

Project Category


Project Structure
Join Venture partnership with Peabody

Project Scheme
Mixed-use regeneration scheme of c.100 hectares, comprising around:

  • 37,000 sqm office
  • 11,500 apartments
  • 45,000 sqm retail

As at 30 Jun 2022. Estimated project value, details and completion date reported in Lendlease Full Year Results, 30 June 2022. Figures in AUD.

Project vision

The project's scale and riverside location, and an abundance of public open space, provide the opportunity to create a vibrant location for people to live, work and visit.

The development will enhance the site's unique landscape by providing additional biodiversity and wildlife facilities to create a learning environment that fosters individual empowerment, social cohesion and economic prosperity.

The project aims to transform local connections into central London to reduce reliance on cars and maximise energy efficiency standards to reduce the carbon footprint of its residents.

The project will deliver a minimum of 11,500 homes with much of the site currently undeveloped and underpopulated. It includes 2.5 kilometres of river frontage, as well as an abundance of green space and two lakes.


Project outcome

Once complete, Thamesmead Waterfront will provide a resilient mixed-use neighbourhood with the choice, variety, and opportunity of the best parts of London and the south-east.

Founded on long-term viability, Thamesmead Waterfront will be an inclusive neighbourhood that's affordable for all. A place that people can be proud of through community ownership and participation. A place where you know your neighbours, where you feel safe and healthy. With ample open space to live, work and visit right on your doorstep, Thamesmead Waterfront’s diverse community will create jobs and opportunities for all.

Project highlights