Bloom has secured planning consent for a 35,845 sq ft sustainable development in London’s Greenwich, SE10.
The industrial investor and developer was granted approval to build five units on the 1-acre site, located at the junction of Peterboat Close and Tunnel Avenue by the Blackwall Tunnel.
It is the third to be achieved by Bloom for its £250m warehouse joint venture with alternative investment manager Angelo Gordon in central London, following consents in the summer for projects in Hackney and Brixton.
Construction on the five units, designed by architect Chetwoods, is due to start in December and complete in the Q4 of 2023.
The development will be targeting a BREEAM Excellent rating and an EPC rating of A+ in accordance with its core sustainability objective. This will include urban greening through the implementation of a green wall, green roofs and bee-friendly planting to enhance biodiversity; solar panels on the roofs; air source heat pumps; EV charging points for lorries, cars and bikes; and the use of recycled materials or materials with low embodied carbon.
The letting agents are CBRE and Gerald Eve.
Since launching its joint venture with Angelo Gordon in 2021, Bloom has acquired six London assets in Brixton, Greenwich, Hackney, Fulham, Camberwell and Park Royal. The portfolio, which has a mix of extensive refurbishment and ground-up redevelopment projects, is due for completion by the start of 2024.
Bloom co-founder Sam McGirr said: “Greenwich will deliver modern space to meet the high demand from businesses as diverse as trade counters, food and beverage and last-mile logistics.”
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