Approximate Total Project Value: £24m
Borough: Tower Hamlets
Vendor: London Borough of Tower Hamlets
Bluecroft unconditionally purchased this 1970’s Old Boiler house and yard from London Borough of Tower Hamlets through Cushman & Wakefield.
The site has a number of technical planning difficulties including a chimney stack in close proximity to the national rail lines and contamination issues due to an old tank bund which used to hold oil.
Plans are currently being worked up for residentially lead new build loft scheme.
Practical completion is targeted for January 2019.