Planning for a new 70,000sq ft development in London’s iconic Shoreditch High Street has been given the green light by Hackney Council.
The mixed-use scheme from Brockton Capital will include 20,000sq ft of new retail space, including a street market, in the heart of London’s tech quarter.
The development is part of the Shoreditch Village phase two scheme, which will complete the transformation of a 150,000sq ft site.
Work is due to commence next year and is set to be completed in 2020.
“This decision by Hackney Council is fantastic news and means we can now proceed with our proposal for creating an exciting new destination in this rapidly evolving and progressive part of London,” Brockton Capital associate partner Charles Tutt said.
“The site fits with our strategy of creating flexible, design-led workplaces in well-connected and vibrant London neighbourhoods that are inspired by the ever-changing needs of a talented and increasingly mobile workforce.”