CIT Group is working with award-winning architects KPF to bring forward proposals for the redevelopment of Vinegar Yard. The 0.6-acre site, which borders onto St Thomas Street, was most recently used as a work compound for the redevelopment of London Bridge Station.
About CIT Group
CIT Group is an independent real estate business founded in 1995. We tailor our developments to help meet the social aspirations of the areas we are working in, and always deliver high quality, sustainable buildings.
CIT Group’s plans for the redevelopment of the Vinegar Yard site have now been formally lodged with London Borough of Southwark.
The scheme, comprising two blocks of ground plus three storeys and 19 storeys respectively, is designed by KPF Architects and will regenerate the former car park site, which until recently housed the Network Rail offices during the redevelopment of London Bridge Station.
It is the product of an extensive public consultation with local residents, businesses, stakeholders and community groups, and will deliver the following benefits:
- 201,000 sqft of commercial space, capable of creating c.1,750 new jobs.
- This will include workspaces for artists, creatives and independents that are designed to complement the commercial character of Old Bermondsey.
- Over 24,500 sqft of retail, including a new three-floor ‘market hall’ and independent uses.
- A new public square termed New Vinegar Yard, a place for community events and activities.
- A 200-person basement performance venue, situated within a pavilion near the junction of St Thomas Street and Snowsfields.
We will continue to engage with the local community about our plans in the coming weeks and months, as we want to continue speaking with, and listening to, people who live and work in the area.
Ahead of development and as a meanwhile use, the site has been brought to life as a new eating, drinking, shopping and art destination by the people behind Flat Iron Square, reflecting the kinds of vendors and uses that are expected in the final development.
St Thomas Street East Design Framework
CIT Group has been working with three neighbouring landowners – Columbia Threadneedle, Greystar & Sellar Property – on a shared vision for the area, proposed to create a lasting legacy and deliver community benefits.
The Design Framework aims to create a joined up approach on the area’s physical, social and economic development.
You can find full details about the Framework, and download a copy of the most recent version, on its website, www.stthomasstreeteast.co.uk.
Public consultation on Vinegar Yard
We held a public exhibition on our proposals for the Vinegar Yard site on 10 and 12 November 2018 at Team London Bridge’s event space. At this event c.130 local people attended, and we are grateful for all the useful feedback we received.
If you were unable to attend the exhibition you can download the exhibition boards which were presented at that event using the link below.
Since the November 2018 exhibition we have continued to speak with local groups and residents about our plans, and we will keep on engaging with the local community over the coming weeks and months.
We’ve taken the views of local people and the Council views on board. Here are some of the ways the feedback we received over the course of our public consultation has improved the plans (see map to the left):
- Height and massing. Massing has been reduced across the site as the plans have been refined, to take into account development proposals for nearby development sites in the Framework area and existing buildings such as the Horseshoe pub.
- Pavilion design. The pavilion to the north east of the site has been redesigned and reduced in height, to better complement existing and future buildings and make a focal point.
- Performance venue. It is proposed that the performance venue is located underground, and does not have a large capacity.
- Connectivity. Throughout the design phase more new routes have been created through the site to maximise the permeability of the proposals, and better knit it into the surrounding area.
- Facades and detail. Local people have generally wanted to ensure the scheme fits with the existing fabric and materials in the Bermondsey area.
- Consolidated servicing. We committed to consolidating servicing on our site with that of other sites nearby within the Framework area.
Public consultation on St Thomas Street East Design Framework
CIT has held an extensive programme of public consultation along with neighbouring landowners in support of the Framework between September 2018 and March 2019. This included a series of consultation events, each event based on a different Framework theme, alongside meetings with local residents and groups.
You can find full details of each consultation event, and download materials that were presented, on the Framework website here: https://stthomasstreeteast.co.uk/events/