Developer Native Land has been given the green light to build 109 more homes than initially planned at its Eastern Yards site in Bankside, London, in addition to a new hotel.
The homes are part of its wider £1bn Bankside Yards mixed-use development, which was granted planning consent in 2014. The latest planning permission relates to phase two of the scheme: originally, the developer won consent to build 232 homes, but it will now deliver 341. This will include onsite affordable housing as well as a financial contribution towards new homes offsite, it said.
The new planning consent also includes a hotel and office space for SMEs, extra retail space and 30% more open space.
Eastern Yards makes up 550,000 sq ft of the 1.4m sq.ft Bankside Yards development, and comprises five buildings. Construction on phase one of Bankside Yards – including a 230,000 sq ft office building, 240 apartments and 49,500 sq ft of independent retail, restaurant, cultural and amenity space – began in 2019.
Alasdair Nicholls, chief executive of Native Land, said: “This new planning consent will create a true mixed-use development which brings London together, with new east-west pedestrian routes, multiple transport links, a new village high street in the arches and new town square for Bankside, overlooking the river.”
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