The Goodsyard

Statement on behalf of The Goodsyard

The More Light More Power campaign has highlighted in recent statements “facts where there can be no dispute” regarding our proposed regeneration of the derelict site at the Bishopsgate Goodsyard. These “facts” are clearly an attempt at misrepresenting all the benefits that we have been working hard to deliver alongside the local community and local planning authorities since 2013.

The More Light More Power statement claims there will be “no light” as a result of the Goodsyard development. This is an untrue representation of the facts that are set out in our Planning Application documents. From the end of February to the end of October there will be no extra impact on overshadowing for the Boundary Estate. At other times there will be additional overshadowing less than 30 minutes, on average, per day.

The assertion that there will be “no affordable or social housing” is also incorrect. In the amended plans submitted in July, the Joint Venture committed to provide 10% affordable housing, which will include large family homes on-site. With the Mayor’s guidance and in partnership with both boroughs, we will continue to work to ensure that this key regeneration opportunity is delivered to benefit the local community and future-proof London’s future growth.

The More Light More Power statement says “this development will create no jobs...and makes no provision for flexible workspace”. In fact, the completed development will bring at least 7,000 jobs to the area in the next few years – including apprenticeships and construction jobs. We are working closely with both Tower Hamlets and Hackney councils, as well as with community groups, to ensure local people benefit from the new roles created.

Regarding flexible workspace, our current proposals provide a total 800,000 sq ft of office space of which 10% will be affordable workspace in accordance with the planning policy for Hackney. The scheme’s office space has been designed by local architects, Buckley Gray Yeoman, with the intention of creating modern warehouse space that specifically caters for those small, agile businesses that characterise Tech City. Our buildings not only provide space for start-up businesses, but also existing tech businesses looking to expand and grow and remain in Shoreditch.

The Mayor of London called in the planning application on 23 September 2015 because of “non-determination” by both Tower Hamlets and Hackney councils, following a request from the developers. Having already positively acknowledged the revisions that have been made to the scheme, The Mayor recognised the major strategic significance of the site with its complex interfaces between two boroughs and called in the Goodsyard planning application.

16th November 2015

 Bishopsgate Goodsyard Regeneration Limited (a joint venture between Ballymore and Hammerson)  

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