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Borough Yards development in South London SE1.

Borough Yards development in South London SE1.

10.04.2018

Borough Yards

Address:
1 Bank End, London SE1 9BU
Type:
Commercial
Completion:
2020
Offices:
1
Retails:
1
Website:
Viewed:
424

Description of Borough Yards

Borough Yards is a £300m retail-led regeneration in Borough, South London SE1.

Redevelopment of former wine-tasting venue Vinopolis and neighbouring sites, which front onto the pedestrian path linking the Tate Modern to the west with Borough Market, London Bridge Station and The Shard.

Besides offices, Borough Yards will provide more than 115,600 sq ft of retail and leisure space.

The development site spans the railway arches bounded by Thames House, Stoney Street, Clink Street and Park Street, and the land between the railway viaduct and Wine Wharf. As part of the redevelopment, a new pedestrian lane – Dirty Lane will create access from Park Street to Bank End. Borough Yards will re-introduce some of the area’s original Elizabethan street names, such as Clink Yard and Soap Yard.

Borough Yards is an investment of Meyer Bergman European Retail Partners II, a fund advised by Meyer Bergman. Leasing advisors for Borough Yard are CWM and JLL.

History

2017 November - Meyer Bergman, the real estate investment manager, signs The Office Group, who will occupy Thames House and a new adjacent building, taking a total of 68,500 sq ft (6,360m2). This new building will incorporate a new 6,100 sq ft Everyman cinema.

2017 - Planning permission for:
Redevelopment of Thames House behind retained façade for retail use (either Classes A1 shops, A2 professional services, A3 cafes/restaurants or A4 drinking establishments) on the ground floor and offices above, demolition of two storey Thames House side addition; erection of a 6 storey building on land between railway viaduct and 28 Park Street (max. building height 27.4m AOD) to provide retail on ground and part first floors (either Classes A1, A2, A3 and A4) and offices above; remodelling of Wine Wharf building on Stoney Street, replacement of existing two storey Vinopolis Plaza at 16
Park Street with a two storey retail building, refurbishment of railway arches and change of use to retail (either Classes A1, A2, A3 or A4); creation of a basement to provide a cinema (Class D2 use) cycle parking spaces and refuse and recycling; together with the formation of a new north-south route alongside the railway arches and a new east-west retail arcade. Southwark Council ref. no. 15-AP-3066.


References:
1. Mayor of London london.gov.uk

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