The regeneration of Bromley-by-Bow Gasworks by Berkeley Group company St William, is moving forward after full planning permission was granted by the London Borough of Newham after they completed a Section 106 legal agreement.

A £72m investment in the restoration of its seven listed gasholders at the 23-acre brownfield site will see more than 2,150 homes built as well as make the site publicly accessible to the local community and visitors.

Dean Summers, managing director of St William, said: “This is one of the most challenging brownfield sites in the country and transforming it into thousands of sustainable, well-connected homes and a publicly accessible 4.2-acre river front park was always going to require a unique, collaborative solution.

“It is a testament to our brilliant partnerships with Historic England and the London Borough Newham and the invaluable input we have received from residents that we have reached this milestone and that we move one step closer to realising this site’s enormous potential. Private / public sector collaborations like these have never been more important as we continue to navigate challenging market conditions and work together to boost housing delivery and growth.”

Bromley-by-Bow Gasworks is home to the UK’s largest collection of Grade II listed gasholders and they will be integrated and enhanced as part of the project and 70% of the site will become open space, including a 4.2-acre park fronting the River Lea.

The development will include 13 separate residential buildings, several of which will sit within the existing gasholder frames and the regeneration programme is forecast to create over 2,800 on site jobs during construction, 30,000 square feet of new commercial space and will make a £4.4m contribution towards local skills and employment programmes.

The development will also contribute a further £4.79m to sustainable transport initiatives, including cycling and pedestrian routes and upgrades to bus services and infrastructure.