Berkeley appoints GCW on landmark London project

Berkeley Capital has appointed GCW as joint letting agent for the retail and leisure element of its mixed use development, 250 City Road. The Foster + Partners-designed development will transform the city skyscape with a 36-storey tower surrounded by 1.9 acres of Wi-fi enabled green space.

250 City Road is ideally located between Angel and Old Street and is within walking distance of the

capital’s financial district, Tech City and Shoreditch. Alongside 1,000 apartments, workspace and hotel, the development will incorporate 37,500 sq ft of retail space targeted at leisure and convenience.

This is the second project GCW has worked on for Berkeley Capital, having successfully secured lettings to a range of retail and leisure operators at its 7-acre Aldgate development, Goodman’s Fields.

Following critical groundwork, the team is now devising a marketing campaign, with delivery of retail units due to start in late 2022.

GCW Director Philippe Micheal said: “We are delighted to be working with Berkeley Capital on this landmark development. The residential element, green space and proximity to the tech centre of Old Street will be hugely appealing to retail and leisure operators and we are really looking forward to taking it to the market.”