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Section 106 community gain agreements
Southwark Council and BL Canada Quays signed the section 106 planning agreement in May 2007. As the developers of Canada Water, Barratt are now committed to ten million pounds worth of community and public realm benefits which will include:
- New local school places.
- Improvements to local infrastructure, such as roads.
- A new secure bike station, with room for 60 bikes, located next to Canada Water station
- The new Deal Porters Civic Plaza, where the library will be located.
- The Needleman community space and toddlers play area.
- A financial contribution towards the new library, health facilities, CCTV, renewable energy, community project bank, and public art.
- Creation of 1,500 construction jobs on the programme. BL Canada Quays will pay for training and job brokerage coordinators to ensure local people have the opportunity to get work.
- A contribution to transport initiatives, including the multi-modal strategic transport study of the wider Rotherhithe area.
- A minimum of 35% affordable housing, of which 70% should be social rented
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