EAST AUTUMN 2017 INSIGHTS DEVELOPMENT NEWS AND UPDATES FROM HACKNEY, TOWER HAMLETS AND NEWHAM AUTUMN 2017

BROCKTON CAPITAL SCHEME GIVEN GO AHEAD

OLYMPIC LEGACY AND STRATFORD’S TRANSFORMATION A LOOK BACK ON THE LAST 10 YEARS SINCE THE CPO INSIGHTS

OLYMPIC LEGACY AND STRATFORD’S TRANSFORMATION

OLYMPIC TIMELINE Stratford aerial photos 2007 2003 - 2004 ‘Back the Bid’ to bring the Olympics to London London announced as the next host during July 2005 the Singapore games November 2005 Two Compulsory Purchase Orders Spring 2006 Public Enquiry (3 Months) December 2006 Confirmation of CPO July 2007 Vesting & Possession of Property 2007 - 2009 Remediation of Contamination 2009 - 2011 Construction of Stadium, features, etc. 2011 - 2012 Organisation, Security & Practice July 2012 London 2012 Olympics (7 ½ weeks) 2013 - 2020 Olympic Legacy Developments

Stratford aerial photo 2017 AUTUMN 2017

A look back on the last 10 years since the CPO THE OLYMPIC SITE …10 Years on

Many areas of London have undergone significant change over the last decade, and one golden example is Stratford. London made a prime candidate for the games due to its redevelopment potential and legacy the Olympics would leave.

David Higgins, Olympic Delivery Strettons’ recent history is deeply Authority Chief Executive said on interlinked with the redevelopment of appointment, “Our challenge is Our challenge is to Stratford and the surrounding areas. to successfully manage both the successfully manage both As the London Development Agency requirements of the games and the requirements of the led the compulsory purchase of the land to develop the stadium and other the long-term regeneration of East games and the long term venues, we worked closely with clients London. Achieving both of these will regeneration of East London. within the Olympic zone. As the CPO bring fantastic opportunities for the Achieving both of these will whole of the UK.” progressed, we became involved in bring fantastic opportunities consulting on schemes around the for the whole of the UK.” July 2017 marked ten years since the site, where we are still seeing projects Olympics compulsory purchase orders David Higgins, come to life or are soon to come to (CPO) and now, just over five years Olympic Delivery Authority Stratford. Chief Executive since the 2012 opening ceremony in London, the area is still developing with widespread regeneration taking place to create new communities of homes, businesses and leisure spaces.

strettons.co.uk EAST LONDON INSIGHTS

Olympic Zone

Stratford City (Former Railway Yards)

Aerial photo - during the build THE STARTING LINE

Since the CPO came into effect in west Stratford, making it possible for the London Development Agency to undertake the necessary work to create the site for London’s 2012 Olympic Games, the area has become one of the largest regeneration CPOs in Europe. This resulted in numerous major business relocations with many being moved to new industrial estates in , Enfield and Leyton.

There is a common misconception Plans for the development of Stratford Olympic zone who held circa that west Stratford was a wasteland Rail Lands (a former International 1 million ft2, or 40%, of the total floor before the Olympics. However, Rail Terminal) gained outline planning space that was to be compulsory prior to the CPO, Stratford was permission in 2003 before London acquired. Many of these businesses a thriving industrial area centred was selected to host the 2012 were relocated and we dealt with around Marshgate Lane with over Olympic Games in 2005. The work compensation claims resulting from 300 businesses large and small. These was to be privately funded by this disruption, helping the businesses businesses had to be relocated, along LendLease and London Continental keep steady through the transition and with a large estate of houses and flats, Railways and is now make the most of their relocation. whose residents had to be re-homed. including Westfield Shopping Centre and the International Quarter. The A further misconception is that development of Stratford West the development of Stratford was Industrial Area was publicly funded and funded by public money and that it subject to the CPO was one development site focused and became the site for the London on delivering the best games in the 2012 Olympics. history of the Olympics. In fact, there were two areas of regeneration, Strettons were actively involved in Stratford Rail Lands and Stratford helping many of those companies West Industrial Area. affected by the CPO. We acted on behalf of occupiers and owners in the ’s stadium AUTUMN 2017

GOING THE DISTANCE… THE REDEVELOPMENT LEGACY

The former Athlete’s Village is now a residential development, The East Village, and already contains nearly 3,000 new homes. The park is being further developed over the next 20 years to bring in five new neighbourhoods of over 10,000 new homes, commercial spaces and other uses.

Stratford itself and the surrounding areas have seen a surge in start-ups and a substantial technology centre, which is home to some of Europe’s most advanced innovation spaces in HereEast. We don’t like to call it the ‘Olympic Effect’ as the area already had Victory Park, East Village

its own plans in progress before the development around the area, bid, but Westfield Stratford, improved including the former industrial patch of infrastructure and the impressive Fish Island, . This is seen commercial spaces that were built during by the creation of new communities the games brought considerable value drawn to the area by affordable to the area and much faster change than housing, new jobs and leisure activities. we would have otherwise seen. There are no signs of slowing down in areas around the Olympic site, and The Olympics has undoubtedly we look forward to seeing how it become the catalyst for further continues to grow.

strettons.co.uk EAST LONDON INSIGHTS

CONTINUED PROGRESS The nearby Hackney Wick: Fish Off the back of the redevelopment surge in Island, in particular, is much more Stratford and Queen Elizabeth Olympic Park, the whole of the area continues to benefit from diverse architecturally as developers numerous developments. Several mixed-use have only been allowed to develop schemes have been given the go ahead and will residentially on Fish Island as a result of provide housing and commercial space for the the Olympics planning policy changes. area and be integral to achieving the overall It now has a wider mix of uses and vision for optimising the space... Some within Stratford include: ownerships.

Strettons is currently advising on several schemes within Hackney Wick including Iceland Wharf and Roach Road, Stratosphere and has been working on a few sites launching in 2018.

Planning for this tower began in 2010 and its set to change Monier Road the skyline of the area. This Completing in 2018, 79-85 impressive development by Monier Road is an imposing 5 Telford Homes, which is fully storey modern building in the sold, will bring 245 residential style of the nearby commercial units to Stratford and will and industrial spaces that complete between autumn populate Hackney Wick: Fish 2017 and summer 2018. Island. Once finished, the office space will be in a workable shell condition. Stratford City

Another impressive tower by Telford Homes clocks 1-2 Hepscott Road in at 33 storeys and boasts In the heart of Hackney 181 residential units which Wick, the Aitch & Mura joint are all fully sold. The scheme venture are bringing around commenced in 2014 and will 30 new homes and 9,000ft2 launch between August and of commercial space. December 2018. Contact a member of our team for progress and more information. Manhattan Loft Gardens

Completing mid-2018, this high-end tower will provide a 150 room hotel, 253 WANT TO LEARN residential units and flexible MORE ABOUT Class A1-A5 space on the HACKNEY WICK? ground floor. Manhattan Loft View our newsletter at Corporation is providing the tower with full amenities and http://strettons.link/HW communal landscaped spaces surrounding. AUTUMN 2017 PLANNING AND DEVELOPMENT NEWS ...Newham, Tower Hamlets, Hackney

NEWHAM

CALLS FOR MORE EAST LONDON RIVER CROSSINGS

Following Sadiq Khan’s decision in August Sir Robin said: “Large employers and international investors have made their intentions clear that they want to move to to cancel the Garden Bridge project, the east London to take advantage of the cheaper real estate and has called for more river the burgeoning tourist trade arising around Queen Elizabeth Olympic Park.” crossings to be built in east London. “TFL has strong and clear evidence that a road crossing at Sir has urged the Authority to Gallions Reach is the best option for tackling congestion and focus on east London and deliver more river crossings away supporting the current and future economy in this part of from central London. There are currently 22 river crossings London.” west of and only two to the east, and the Dartford Crossing. In addition to the plans for the crossing at Gallions Reach, the planned Tunnel is in the hands of the secretary of state for transport.

strettons.co.uk EAST LONDON INSIGHTS

PLANS TO BUILD 1,000 HOMES ON EXCEL LONDON CAR PARK The London International Exhibition Centre (ExCel) Residents in the new development will enjoy excellent has announced plans for a joint venture with developers transport links as it is close to the Elizabeth Line and Mount Avril to build 1,000 new homes at the . existing DLR stations at Custom House and Prince Regent.

The new homes will be built next to Mount Anvil’s Should the proposals be granted planning permission, the 19 storey Royal Docks West Development. The site is development will be part of the wider regeneration of the currently used as a multi-storey car park and coach park. Royal Docks area. A development of 295 homes on the In addition to the new homes, the site will also include former Royal Docks service station on North commercial and retail premises and open spaces. Road was approved by Newham Council’s strategic development committee last month.

DEVELOPMENT PARTNER NEEDED FOR REGENERATION

The benefits by increasing the number of through high-quality urban design and has announced that it is searching for homes and employment opportunities architecture planning and development a development company to regenerate as well as creating additional community management.” a housing estate opposite the and open spaces.” Olympic Park. The procurement process will close in “There is a housing crisis in London at autumn 2018 with a preferred bidder The council plans to demolish 700 the moment and we are committed chosen in late 2018, and a view to existing homes and replace them with to regenerating parts of our borough starting work on the estate in 2020. 3,000 homes, of which 35% will be that are crying out for investment. affordable housing and has published This regeneration will create mixed a notice in the Official Journal of the neighbourhoods with a variety of European Union calling for a private housing tenures, including family homes. sector joint venture partner to develop As part of our planning powers we will ‘This regeneration will create proposals for the Carpenters Estate. ensure that there are affordable options mixed neighbourhoods with for all of our residents.” a variety of housing tenures, Discussing the plans, Newham mayor including family homes. As Sir Robin Wales said: “Stratford has seen The Council’s notice said that the part of our planning powers unprecedented and massive change redevelopment scheme for the and the area is now one of London’s Carpenters Estate would provide we will ensure that there are top retail, leisure and commercial an education quarter, commercial affordable options for all of destinations. Our vision is for a mixed- premises and 3,000 new homes. It our residents.’ use development on the site, bringing said: “The partner will need to be able Sir Robin Wales with it significant social and economic to deliver successful place-making AUTUMN 2017 TOWER HAMLETS TOWER HAMLETS MAYOR: ‘THERE’S A KICK-BACK AGAINST SKYSCRAPERS’

The , , has said that there is a resistance to tall buildings on the Isle of Dogs in east London.

Following the recent refusal of the it’s going to be more of a struggle (to 48-storey, 225 Marsh Wall scheme get planning permission). There is a bit by Make, the mayor told Architects of a kick-back locally against the sheer Journal that only high rise projects intensity of development and on the with ‘superb architecture’ would be Isle of Dogs height is seen as a symbol granted planning approval. He added of that.” that skyscrapers in the area were facing comments from residents, The Marsh Wall scheme has become who are opposed to the size of the latest skyscraper scheme to developments there. receive a major planning blow in London’s Docklands. Despite a Biggs said: “Unless proposed tall reduction in height, councillors still buildings are really superb architecture, refused the project in August. REFUSAL FOR ROAD TOWER DEVELOPMENT

COMMERCIAL RD Plans for the demolition of existing buildings and the DEVELOPMENT construction of a mixed-use development on the site of a popular nightclub at 562 Mile End Road have been refused. GIVEN GO AHEAD In February, the Strategic Development Committee unanimously rejected the Planning permission has been granted for application for ‘Benjy Towers’ on the 562 Mile End Road night club site. In April, the the demolition and redevelopment of a Strategic Development Committee considered a slightly amended proposal which site at 73-77 Commercial Road to provide was also rejected, much to the approval of local residents who believe the building a single storey basement, together with is too tall for the area. ground plus 10-storey building. The scheme, which is being developed by Regal Homes, The scheme would have been a part 3-storey, part 8-storey and part 15-storey will include a mix of uses to include 420sqm building, mixed-use development including 52 residential units and commercial (GEA) of flexible office space and retail space. floor space at ground floor level for B1, A1-A5 use. It will also provide 4,685 sqm In addition to concerns around the height of the building, the scheme was also (GEA) of office floor space for B1 use along refused due to the density and overdevelopment of the site, the servicing provision, with cycle parking provision. the loss of the community facility, the design of the proposal and air quality issues.

strettons.co.uk EAST LONDON INSIGHTS HACKNEY BROCKTON CAPITAL SHOREDITCH SCHEME GIVEN GO AHEAD

The latest phase in the development of Shoreditch has been given the go ahead by Hackney Council. Brockton Capital will create a 70,000 sq ft2 mixed use scheme at 183-187 Shoreditch High Street which will feature shops, a street market and warehouse style offices.

Designed by architects Alford Hall quality workspaces with private The development will complete the Monaghan Morris (AHMM) the new terraces and City views. It will also transformation of the 150,000ft2 site scheme will deliver 50,000ft2 of office feature 162 cycle spaces along with in Shoreditch, sitting next to the 216 space, 20,000ft2 of retail space and showers and lockers. The ground floor bed Citizen M hotel that formed the a street market. The self-contained will feature a range of independent first phase of the site developed by campus will provide firms with high shops and restaurants. Shoreditch Village Ltd. HACKNEY COUNCIL TO BUILD 39 HOMES IN CLAPTON Hackney Council has unveiled plans to – five for social rent and six for shared build 39 new homes on two sites in ownership. In Pedro Street, 28 new Clapton. The new homes will be built homes are set to replace a disused on empty garages and a depot. They boiler house in Gilpin Square. are the first under the Council’s new scheme to turn run-down garages and Commenting on the scheme, Hackney unused council land into housing. The Mayor Phil Glanville said: “These smaller developments are part of the Housing sites have given us the opportunity to Supply Programme, a scheme which work with some fantastic architects aims to build hundreds of new homes who, in collaboration with the local across 14 sites, with 70% for social rent community, have come up with designs or shared ownership. The 39 homes in that both provide high quality, genuinely Clapton will be split between two sites. affordable homes and make a fantastic The first will replace empty garages at contribution to their neighbourhoods.” Mandeville Street with 11 new homes AUTUMN 2017 THE BOROUGHS

WALTHAM REDBRIDGE FOREST

HACKNEY BARKING & DAGENHAM NEWHAM TOWER CITY HAMLETS

NEWHAM TOWER HAMLETS • CALLS FOR MORE EAST LONDON RIVER • TOWER HAMLETS MAYOR: ‘THERE’S A KICK-BACK CROSSINGS Pg 7 AGAINST ISLE OF DOGS SKYSCRAPERS’ Pg 9 • PLANS TO BUILD 1,000 HOMES • COMMERCIAL RD DEVELOPMENT ON EXCEL LONDON CAR PARK Pg 8 GIVEN GO AHEAD Pg 9 • DEVELOPMENT PARTNER NEEDED FOR • REFUSAL FOR MILE END ROAD TOWER CARPENTERS ESTATE REGENERATION Pg 8 DEVELOPMENT Pg 9

HACKNEY • BROCKTON CAPITAL SHOREDITCH SCHEME GIVEN GO AHEAD Pg 10 • HACKNEY COUNCIL TO BUILD 39 HOMES IN CLAPTON Pg 10

strettons.co.uk EAST LONDON INSIGHTS

To learn more about these boroughs or more on East London, please contact us.

Chris Collins [email protected]

Neal Matthews [email protected]

Mark Bolton [email protected]

Jon Cuthbert [email protected]

T 020 8520 9911

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