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Shoreditch developments
History
1 - Principal Place
Planning consent has been granted for a Foster
& Partners designed office building of 55,742 sq M
(600,000 sq ft) with 4,180 sq m (45,000 sq ft)
floor plates. The scheme also incorporates a 52
storey residential tower.
Developer: Brookfield
Architect: Foster & Partners
2 - The Stage
A planning application will shortly be submitted
for a development comprising 380 residential
units, 3,716 sq m (40,000 sq ft) of retail and
37,161 sq m (400,000 sq ft) of offices arranged
around 1.2 acres of public space.
Developer: Plough Yard Development
Architect: Pringle Brandon Drew
− The Shoreditch Estate lies on a Scheduled Ancient
Monument with the southern half of One Shoreditch
within the precinct of the Priory and Hospital of St
Mary Spital. The Priory and Hospital, which date back
to 1197, was dissolved in 1539 under Henry VIII and
largely demolished or adapted to secular uses.
− The 17th Century saw an influx of Huguenots and the
area’s historical association with the silk industry was
established.
− The late 17th and 18th Centuries saw the development
of Georgian terraced housing to accommodate the
master weavers controlling the silk industry. However
periodic crises in the silk industry brought on in part by
cheap French imports and The Spitalfields Riots led to
the downturn in the silk market.
− By the Victorian era the silk industry had entered a
period of long decline and Spitalfields became a
byword for urban deprivation. Commercial uses came
to predominate the area with houses replaced by
warehouses and workshops. The Spitalfields Fruit and
Vegetable market dominated the area in the late 19th
and early 20th Century.
− From the 1960s onwards a “new Georgian” ethos lead
to campaigns to save the old merchant terraces and
a gentrification of the area commenced. Urban
regeneration has seen the erection of large modern
office blocks as well as the preservation of Old
Spitalfields Market since 1991 when the Fruit and
Vegetable Market moved to Leyton.
− As well as the commercially led regeneration of the
area, it has become well known for its arts and music
scene, which combined with the vibrant environment,
has attracted a new and diverse occupier base of
technology, media and telecoms companies to the area.
Tech City
− In November 2010 David Cameron set out the
Governments ambition to help East London become one
of the world’s great technology centres by supporting
the existing cluster of organisations in the area.
“It’s clear that in East London we have the potential
to create one of the most dynamic working
environments in the world”.
David Cameron, Prime Minister – November 2010
3 - The Fruit & Wool EXCHANGE
planning consent was recently granted for a
development which will provide 36,232 sq m
(390,000 sq ft) of office accommodation, 2,694 sq M
(29,000 sq ft) of retail and restaurants, a public
house and over 1,997 sq m 21,500 sq ft of
dedicated SME space.
Developer: Exemplar and City of London
Architect: bennetts associates
4 - Bishopsgate Goods Yard
Bishopsgate Goods Yard is an important strategic
site of 4.7 hectares (11.614 acres). The future
of the site could provide up to 2,000 new homes,
offices and 1.7 hectares (3.459 acres) of open
space for the local community.
Developer: Ballymore and Hammerson
− With 3,200 new IT start ups in the last four years,
London’s Tech City has grown exponentially and now
employs approximately 48,000 people.
− A number of large multi-national companies including
Cisco, Facebook, Google and Vodafone have invested
in the technology hub, with Google opening an
Innovation Centre, Vodafone bringing its Ventures
Investment Fund and Amazon opening a Digital Media
Development Centre.
10
Shoreditch Estate, London E1
11