GCW will let the restaurant and retail element of the project for developers Blackstone Real Estate Partners and Catalyst Capital. The scheme will deliver two residential towers of 42 and 25 storeys which will include the conversion of a vacant office building and further modernisation of the shopping complex, the Stratford Centre. The development includes 24,800 sq ft of leisure space and restaurants alongside 12,500 sq ft of offices and 600 new homes.
GCW already acts for Catalyst Capital on the Stratford Centre which is now fully let and pushing rents towards £150 Zone A. Construction will begin in Summer 2016 with completion due in 2018. The joint venture partners have invested £100 million in the scheme.