Rotherhithe’s red crane on Odessa Street will be demolished to make way for flats, after Southwark Council approved the planning application this week.
The proposed development in Odessa Street by Hollybrook Homes will see the Scotch Derrick crane scrapped and recycled as a sculpture by Surrey Docks Farm’s artist Kevin Boys, to sit by the Thames.
The plan has attracted opposition from residents, who started a petition to save the crane in July, which gathered more than 360 signatures.
Originally protected by a “protective covenant” with the Greater London Authority by The London Docklands Development Corporation in 1998, it lost this safeguard in January 2014 under the direction of former London Mayor, Boris Johnson.
Hollybrook Homes said that they explored ways to include the crane in the development over the past eighteen months, but due to it falling into disrepair in recent years it wasn’t deemed viable.