Commercial Road

Purchasing power

Approximate Total Project Value: £100m
Borough: Tower Hamlets
Vendor: London Borough of Tower Hamlets and Seaman’s Charity
Units: 320

Bluecroft purchased this derelict 2 acre site direct from the London Borough of Tower Hamlets in an open market tender.

Change of use and a detailed planning consent was gained for 320 apartments and office/retail space.

Delivery of planning permission was dependent on complex negotiations with adjoining property owners regarding rights of light and neighbouring
development proposals.

The scheme is now built out.