Telford Living has exchanged contracts to acquire a site on International Way, Stratford, from the Department for Transport (DfT) and HS1 for an undisclosed price.
The company has submitted a planning application to transform the site into a 749-bed purpose-built student accommodation (PBSA)-led mixed-use development comprising two buildings.
The project, which will include 50% affordable student accommodation, will also deliver flexible public space, extensive landscaping and public realm improvements, enhanced pedestrian connections and high quality amenity spaces.
Located immediately north of Stratford International Station and opposite Westfield Stratford, the site currently accommodates parking and operational railway infrastructure. Subject to planning approval, construction is expected to start in 2028 and practical completion is targeted for 2032.
Alex Taylor, senior vice-president and head of Telford Living, the UK residential development arm of Trammell Crow Company (TCC), said: “The acquisition of this site and submission of our planning application represent two significant milestones for Telford Living and a clear demonstration of our strategy in action. Our move into PBSA reflects the strength of demand in the sector and our commitment to diversifying across all living tenures, supported by our strong balance sheet and track record of unlocking complex sites.
“Stratford is one of London’s great regeneration success stories and we believe this scheme will make a positive contribution to the area’s next chapter. Our proposal would activate one of the final development opportunities around Stratford International Station, delivering 749 high quality student homes alongside new public spaces, investment and improvements to the local environment.”
Wendy Spinks, chief commercial officer at London St Pancras Highspeed, added: “We are delighted to work with the team at Telford Living and the Department for Transport on these Stratford developments. The developments are on an important piece of land close to active railways and will bring jobs and economic growth to the region.”
