The Greater London Authority today gave the go-ahead for Berkeley's City Forum regeneration at 250 City Road in Islington. This includes up to 995 homes, of which over 30% will be affordable, alongside 100,000 square feet of office space, 43,000 square feet for retail use, a hotel and a relocated data centre.
The decision follows two years of comprehensive public consultation and collaboration with the local authority.
Berkeley's plans will deliver much-needed regeneration for the area. The site's existing ageing office blocks are set to be demolished, while new homes and landscaping will breathe fresh life into this part of City Road.
Berkeley's Divisional Managing Director, Justin Tibaldi, says work will begin right away:
"We are delighted to have been given planning permission by the Mayor and will aim to get on site this summer. We want to bring real benefits to the area and to London as a whole, not least through a major investment in high quality affordable housing."
The Mayor deemed that the proposals' high design quality is amongst the points that meet the development priorities set out in the London Plan. Berkeley will now continue their dialogue with the local community as the regeneration begins in earnest.
For further information please contact Naushabah Khan from Curtin&Co
T: +44 (0) 207 399 2299
M: +44 (0) 7885 970 973
Notes to Editors:
• Berkeley's City Forum proposals were approved at a Greater London Authority Representation Hearing on 1st April 2014.
• Representatives from Islington Council and the Centre for Economic and Business Research attended to make their representations.
• Islington Council had deferred the application to the Greater London Authority in May 2013.