Developers Cathedral Group and Development Securities buy final piece of land
Work is due to start on a £110 million mixed-use scheme in Greenwich designed by HLM and Studio Egret West.
Planning permission was granted for the project last year and the developers have now bought the final plot of land required to start building.
Developers Cathedral Group and Development Securities have bought the 0.9ha Greenwich Industrial Estate from the Royal Borough of Greenwich for £16 million.
The project includes a 181-unit residential development, a 358-bedroom student village and a 104-bed Traveldoge hotel. An extension to Greenwich West Community Centre was designed by Studio Egret West.
Work will start immediately to create uses for the site during the Olympic Games, including a pop-up temporary bicycle café and a public art project by official London 2012 poet Lemn Sissay and artist Morag Myerscough.
Cathedral Group chief executive Richard Upton said: “This will be an exceptional new sustainable quarter for Greenwich Town Centre and we intend to deliver it with our usual panache and attention to detail.”
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