Union Bridge
Site sold

Site sold

01/10/2020 by Buildington
 
Site sold

Telereal Trillium has completed the sale of the former BT depot site on Fish Island in Hackney Wick to Taylor Wimpey.

The site has planning permission, secured in December 2018 by Telereal Trillium, for 145 high-quality apartments across four new buildings designed by CJCT, of which 50 will be affordable.

A key driver for the redevelopment of this site is to improve the public realm locally around Fish Island and provide a new pedestrian route to the upgraded Hackney Wick Station. The route also reinstates a lost historic street and brings strong active street frontages around the site.

Jonny Pitts, Planning & Disposals Director at Telereal Trillium commented: “We are delighted to have reached an agreement with Taylor Wimpey on the sale of the property. Hackney Wick is becoming an increasing popular place to live and work and one of London’s most dynamic and creative neighbourhoods and we believe Taylor Wimpey are well placed to deliver this quality product.”

David Pelle, Land & Planning Director at Taylor Wimpey East London, added: “We are delighted to have completed the purchase of this fantastic site from Telereal Trillium, our third land acquisition in the Hackney Wick area in the past three years. We look forward to delivering this exciting development to our customers in the not too distant future.”

Telereal Trillium was advised by Sean Cooper at Savills and Ashurst. Taylor Wimpey was advised by Osborne Clarke.

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