The New Bermondsey development is a 30-acre site surrounding Millwall Football Club, with a revised master plan that includes 3,500 new homes, 35% of which will be affordable housing. The development will feature a mix of residential and commercial spaces, including shops, offices, and sports facilities, with a focus on creating a diverse community. The plan also includes infrastructure improvements, such as a new train station, expanded pedestrian crossings, and upgraded cycling routes. The development is expected to bring over 2,000 jobs and new medical/health institutions to the area. The estimated strata fees range from £1,270 to £4,111 per year, depending on the size and type of property. The development is expected to be completed in spring 2025, with a 10-year NHBC warranty and a 999-year leasehold.