New residential and retail development under construction in one of London’s most popular areas.
Shoreditch Village Residential Limited has secured an £11.538m development facility from NatWest Real Estate business as part of a new residential and retail development to be built in Shoreditch, East London.
The first phase of the two-part project will see eight apartments and three A3 retail units created off the high street. Work began in April 2015, and will be completed over the next 18 months.
Dominic White, managing director of Shoreditch Village Residential, said: “The scheme will create a vibrant new destination in Shoreditch, an area that has become hugely popular to live and work in due to its unique atmosphere as well as its proximity to the City of London. It will further revitalise an area that has been in need of development for many years, and will benefit the local community through enhanced amenities, services and the creation of new jobs.”
“Shoreditch has become hugely popular to live and work in due to its unique atmosphere as well as its proximity to the City of London”
Dominic White, Managing Director, Shoreditch Village Residential
Shoreditch Village Residential is a new customer for the Real Estate team at NatWest.
David Salisbury, Head of Real Estate at NatWest, said: “Shoreditch Village Residential has created a dynamic development plan for this part of East London. We are confident they will take full advantage of the growth opportunities in the markets they operate in. We are delighted to have the opportunity to build a relationship with Shoreditch Village Residential by providing these facilities.”
Shoreditch has become hugely popular to live and work in due to its unique atmosphere as well as its proximity to the City of London
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