Greystar has appointed GRAHAM as the construction partner for its Stratford Mill residential-led development in East London.
The project, which has been backed by a £68.5m debt facility arranged by Societe Generale, will deliver 247 apartments on a brownfield site in Stratford.
The development will feature buildings ranging from two to 12 storeys and offer a mix of residential and commercial spaces to serve the community. Stratford MIll will comprise market-rate and affordable housing, with 42 new affordable homes funded by Sovereign Network Group (SNG).
Dan Thompson, UK managing director, development, Greystar, said: “We’re very excited to see our development at Stratford Mill progress, thanks to the debt facility secured from Societe Generale, our contractor GRAHAM and SNG who will forward fund 42 affordable homes. Greystar is dedicated to delivering high-quality housing across multiple communities.”
Pat O’Hare, regional director at GRAHAM, added: “Stratford Mill will deliver much-needed homes with a strong emphasis on quality, and we’re thrilled to partner with Greystar on a development that combines smart design with a real focus on community. Our focus will be on delivering a high-quality, sustainable build that meets the demands of modern living while supporting the broader community objectives through affordable housing and green spaces.”
