Our current and recent successful developments in Central London
20-30 Whitechapel Road, Whitechapel, E1
Site acquired in July 2015 and planning consent secured for a new high-quality, air-conditioned office building aimed at SMEs in the technology and creative media sectors.
The scheme provides 22,900 sq ft of offices with a prominent frontage to Whitechapel Road and close to Aldgate East and Whitechapel Crossrail stations. The site benefits from the ongoing infrastructure investment and the continued expansion of the Tech City hub. The building was completed in May 2018 and sold to an owner-occupier.
Assam Place, 35 Commercial Road, E1
Planning consent secured for a new tower providing 350 highest quality student apartments and a 40,000 sq ft university building within a remodelled historic brewery. The scheme was completed in 2013.
Alternative Developments set up and implemented the marketing and leasing platform and fully let the student apartments in 12 weeks, producing a rent roll of £5.5 million in Year 1. We subsequently leased the entire campus, including the University building, to Hult International Business School. The asset was purchased by Greystar in May 2015 for circa £110 million.
254 Cambridge Heath Road, E2
Alternative Developments (in JV) purchased this site in October 2015. It occupies a strategic location on the eastern fringe of Tech City and the neighbourhood is experiencing significant regeneration.
The new scheme will provide 45,000 sq ft of modern tech style offices aimed at SMEs in the digital and creative media sectors.
223 Cambridge Heath Road, E2
We have secured this prominent development site located in central Bethnal Green. Here we are aiming to deliver another high quality 70,000 sq ft office building that will add to the ongoing regeneration of this vibrant neighbourhood. It is strategically located close to the new Whitechapel Elizabeth Line (Crossrail) station. Planning permission will be achieved in early 2019 with the building delivered in 2021. A JV with our friends at Mace.