Market Leads & Opportunities
Telford Homes adds £160m Stratford development to its pipeline
Telford Homes has struck a deal to buy a site next to Stratford International railway station in east London for construction of a £160m block of flatsTelford Homes has exchanged contracts for the site on International Way in Stratford E20 for £20m, subject to securing planning consent.The land is being bought from London & Continental Railways (LCR), the Department for Transport and HS1 Ltd following a competitive process. It will be Telford Homes’ third land acquisition from LCR.The 1.14 acre site is expected to deliver approximately 380 homes, up to half of which will be subsidised affordable housing. The gross development value is expected to be in excess of £160.0 million.
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