Bishopsgate Goodsyard redevelopment progresses

Ballymore and Hammerson are working together to deliver the redevelopment of Bishopsgate Goodsyard, (‘The Goodsyard’) and have received approval on two Reserved Matters Applications (RMAs) from the Greater London Authority (GLA). One of the main commercial buildings, to be located above Shoreditch station, have achieved detailed design approval shortly after another approval for the restoration of historic buildings on Sclater Street.

In 2022, the Mayor of London granted Planning Permission for the comprehensive redevelopment of The Goodsyard. The scheme will deliver new homes, retail and leisure, workspace and a new park built on the 4.5-hectare site in Shoreditch, which spans the London Borough of Tower Hamlets and the London Borough of Hackney. 

Designed by Gensler and Buckley Gray Yeoman, the RMAs mark the next stage in the realisation of the approved scheme. The first RMA will provide 36,000 sq m of best-in-class workspace, including affordable space for small and medium sized businesses. In addition, it will deliver 600 sq m of new retail space fronting Bethnal Green Road and Shoreditch High Street as well as a new ‘Middle Road’ connecting the historic fabric of Brick Lane and Shoreditch High Street.

The Sclater Street RMA, designed by Chris Dyson Architects, includes the restoration of five derelict historic buildings on Sclater Street to bring them back into use. These buildings, which are part of the historic fabric of the neighbourhood, can now be protected and restored as part of the redevelopment of The Goodsyard. As a result, new retail, café spaces, and co-working space will be created as well as three homes on the upper floors.

John Mulryan, Group Managing Director at Ballymore said: “These RMA approvals mark the beginning of delivery of The Goodsyard. The result will be the re-opening of one of London’s most important historical assets located between the City and Shoreditch.

“The office site presents a rare opportunity to create one of the most forward-thinking workspace environments in London. Our flexible, sustainable commercial spaces are specifically designed with the end user’s needs in mind for both functionality and well-being. The area will celebrate and expand on the ever-evolving creative vibe of Shoreditch.”

Detailed designs for the building and Sclater Street follow consultation with local stakeholders at the GLA as well as in both Tower Hamlets and Hackney, including a public consultation event for the workspace building and drop-in event for Sclater Street. In line with feedback, the design team developed a façade for the commercial building which is both sympathetic to the historical character of Shoreditch and reflective of a contemporary aesthetic. 

Harry Badham, Chief Development and Asset Repositioning Officer at Hammerson added: “The Goodsyard is one of the last undeveloped sites of scale in central London which has the potential to lead the way in terms of placemaking and holistic regeneration. This proposed workspace building is part of creating a new international destination rooted in a unique and ever-evolving local culture.
 
“The workspace building will bring new physical connections to this area while delivering a significantly improved ground floor experience for both workspace users, residents and visitors to Shoreditch.”

The RMAs for Sclater Street and workspace building 1 are the beginning of the delivery of the entire Goodsyard site. Further RMAs will be brought forward for consultation and consideration by the GLA over the coming months. 

Once complete, the entire Goodsyard site will deliver:

• Up to 500 new homes, including 50% affordable, with a focus on family homes.
• 1.4m sq ft of workspace, including one of the largest offers of affordable workspace for businesses.
• A new 2.6 acre public park
• New restaurants, retail and leisure spaces. 
• Two new cultural spaces – one destination building on Brick Lane and one exhibition space within the historic Braithwaite Arches.
• 11,000 new jobs during construction and after completions.
• 150 apprenticeships.