Delancey has secured a resolution to grant planning from Islington Council to develop a ground up, best-in-class 200,000 sq ft GIA commercial building with the capability for office, laboratory and research space.
Delancey will transform the site, with 130,000 sq ft of research and laboratory space and 13,000 sq ft of affordable workspace, events space, flexible makers’ space, and significant public realm enhancements.
Nathan Watt, Development Director at Delancey said: "We are delighted to have secured resolution to grant planning unanimously for this progressive, innovatively designed development that offers cutting-edge sustainable facilities. The project will deliver dramatic public realm improvements and provide much needed office, science and technology workspace.
“The development will have broad appeal, bolstering the forecast undersupply in London’s Knowledge Quarter and activate York Way to become a major focal point for this part of London".
Following the acquisition of an interest in the site in Q2 2022, Delancey subsequently acquired adjoining land from Islington Council, allowing the development to come forward, it is situated in London’s growing Knowledge Quarter and Innovation District.