A £180m mixed-use development in Canning Town centre, east London, has been given the planning green light by the London Borough of Newham.
English Cities Fund's Rathbone Market scheme will include 652 flats, 30,000 sq ft of shops and a new council ‘front office’ facility which comprises a library, local service centre and other community facilities.
ECF is a joint venture between Muse, Legal & General and Homes & Communities Agency.
Duncan Cumberland, development director, said: “This is the culmination of three years’ negotiation with all stakeholders and will allow us to press forward with our proposals which will completely transform this historic London market.
“Detailed design work is now under way while we move forward with an application for grant funding through Kickstart 2, a government-backed scheme to support residential developments.”
Clive Dutton, Newham council’s executive director for regeneration, planning and property, added: “I’m delighted this scheme continues to progress and this is an important milestone in transforming Newham into a place where people choose to live, work and stay.”
The scheme will be delivered in partnership with Newham council and the London Thames Gateway Development Corporation.