Workspace gets planning permission for Stratford Office Village

Workspace has been granted planning permission for the redevelopment of Stratford Office Village, which was valued at £14m in March.

The company has secured mixed use planning consent to replace the existing buildings with a redevelopment comprising 101 residential units, including a mix of townhouses, private apartments and 25% affordable housing, and 13,000 sq. ft. of new commercial space.

Stratford Office Village is situated less than two kilometres from the Queen Elizabeth Olympic Park and just over 600m from Stratford train station.

Chief executive Jamie Hopkins said: "We are delighted to have received planning permission for this redevelopment in Stratford, which will considerably increase the capital value of the site. This is one of a pipeline of opportunities that we are actively managing in order to drive shareholder returns over the long term."