Main works start date for £900m Bishopsgate Goodsyard

Aaron Morby 3 years ago
Share

Joint venture developers Ballymore and Hammerson have set a 2024 start date for main construction works for plans to transform the Bishopsgate Goodsyard on London’s city fringe into a £900m new urban quarter.

Bishopsgate Goodsyard will be redeveloped after laying derelict since the 1960s
Bishopsgate Goodsyard will be redeveloped after laying derelict since the 1960s

The JV has just signed off the Section 106 agreement, unlocking the 1.7m sq ft mixed-use regeneration scheme in Shoreditch.

Bishopsgate Goodsyard Regeneration JV will now start on detailed design and prepare to start site enabling works.

Office buildings have been designed by Eric Parry Architects and Buckley Gray Yeoman.

The developers will work with Network Rail on a delivery and phasing plan, with the first phase of construction anticipated to begin in two years.

FaulknerBrowns has also designed elements of the workspace provision, as well as the residential, hotel and cultural buildings.

John Mulryan, group managing director at Ballymore, said: “Bishopsgate Goodsyard is one of the most exciting redevelopment sites in London today.

“We bought this derelict site almost 20 years ago, having lain idle since 1964.  Over several years we have developed strong relationships with the local people, businesses and councils, the GLA and transport bodies to ensure that the design aligns with their future aspirations for the neighbourhood.

“With a mix of new homes, sitting alongside workspace, shops, cafes and restaurants, cultural buildings, new streets and one of central London’s largest new parks, this place is designed with wellbeing in mind, where people want to live, work, and enjoy themselves.”

The 10-acre mixed-use scheme on the City’s fringe includes 500 homes, of which half will now be affordable as well as 1.4m sq ft of workspace.

The masterplan, designed by architect FaulknerBrowns, includes a high line-style elevated public park sitting on top of restored historic railway arches.

Designed by landscape architects Spacehub, the park will be one of the largest new parks in central London.

In total, the site will have over six acres of public realm, 25% larger than proposed in the original plans, first submitted in 2014, and covering over 50% of the whole site.

The mixed-use development will also provide new pedestrianised streets through the site, with a new east-west street created and the historic London Road under the arches restored and opened-up for the first time in decades.

Heritage assets, including the Grade II-listed Oriel Gateway and the Braithwaite Arches, will become home to new retail and hospitality providers.

The car-free development also includes two new culture and arts buildings, one in Hackney and one in Tower Hamlets, with a destination cultural building on Brick Lane and a new exhibition space located within the arches on London Road.

 

Latest news

Balfour Beatty terminates Danny Sullivan labour deals

Around 500 workers on HS2 will be moved to alternative agencies or be taken on direct
21 hours ago

Trio face prosecution after Hinkley site death

Main contractors and client to face charges over death of site supervisor
21 hours ago

Buyers see recovery in house building sector

But civil and commercial work still in the doldrums
1 day ago

Apprentice saws-off thumb on hotel refurb site

Court hears how digit was reattached and teenager continued training with another firm
1 day ago

Laing O’Rourke tops June contracts league

£919m animal super lab dominates new orders
2 days ago

TSL turnover smashes £500m as profit almost trebles

Data centre and logistics contractor rises high on surging demand
2 days ago

Gleeson Homes chief exec leaves business after restructure

Management revamp after "challenging" year
2 days ago

Green light for 1,600-home Oldham town centre overhaul

Plans for over 1,600 homes across six regeneration sites approved
2 days ago

DSM wins Norwich city centre clearance job

Anglia Square shopping centre clearance for £300m scheme
2 days ago

13-year-old becomes UK’s youngest qualified digger driver

Grandson of Gallagher Group chairman sets industry record
2 days ago

Cubby reborn in £12m Svella-backed takeover

£50m revenue target set as 14 firms combine under new Cubby Group banner
3 days ago

North East NHS trusts plot £3bn health estate overhaul

Market engagement begins for major construction push across four trusts
3 days ago

HG goes green on cranes in £1.2m switch to battery power

Diesel-free crane drive cuts fuel bills by 94%
3 days ago

Developer fined £165,000 for fire safety failings

Firm ignored fire safety orders on apartment job in Preston
3 days ago

Bidding to start for £1.8bn North West framework

Contractors invited to bid for latest Procure Partnerships deal
3 days ago

Hill hits record £90m profit as homes pipeline swells

Build-to-rent push and £4.8bn contracting book to fuel next growth phase
3 days ago

Rayner unveils £39bn plan to build 300,000 social homes

Council building revival and rent reform feature in social and affordable homes plan
4 days ago

Keltbray bounces back with £3.2m profit

Tighter controls and smarter project selection fuel strong turnaround
4 days ago

VINCI JV wins 500-home twin town centre revamps

Chester Northgate phase 2 and Northwich Weaver Square schemes move to delivery stage
4 days ago

80 energy projects unlocked as Ofgem backs grid expansion

£24bn energy networks deal gets green light from regulator
5 days ago

How to see your stories on the Enquirer

Join our Suppliers and Buyers directory to get your news published
4 days ago

Henley lands Midland Mill revamp on Leeds tower scheme

Restoration of 18th-century mill kicks off on South Bank regeneration project
4 days ago

New boss at Eric Wright Civil Engineering

Gavin Hulme takes top job as Diane Bourne moves to group role
4 days ago

Pinewood submits £1bn data centre plan

Studio giant adds green and learning spaces to tech hub blueprint
5 days ago

Record results after TClarke goes private

Britain's biggest M&E contractor flourishes after de-listing
5 days ago

Dalkia lands £200m nuclear maintenance deal

1,000 nuclear FM staff to join M&E contractor
5 days ago

Construction comeback to outpace wider economy

Arcadis forecast fueled by spending review optimism
5 days ago

First steel goes up on giant car battery site

Severfield gets to work on McAlpine Somerset site
5 days ago

Permasteelisa wins cladding deal on Bovis city tower

Facade specialist lands package at 60 Gracechurch Street
5 days ago

Fox buys recycled asphalt specialist Fisher

Acquisition adds major recycled asphalt capacity in north west
5 days ago