NEAT Developments, BlackRock Real Assets to develop €920m industrial-led mixed-use development

Property developer NEAT Developments and BlackRock Real Assets have jointly submitted a hybrid planning application to Waltham Forest Council for an industrial-led mixed-use development at Uplands Business Park on Blackhorse Lane in London E17.

The proposal would create a new mixed-use neighborhood comprising more than 29,000 square meters (2,694 square feet) of light industrial floorspace, up to 1,800 new homes, 35 percent of which would be affordable, along with extensive public space  and a range of amenity and recreational space, with a total gross development value of more than £800 million (€920 million/$902 million).

Phase 1 will consist of 18,000 square meters (1,672 square feet) of modern stacked industrial floorspace across two buildings. Phase 2 will consist of 11,000 square meters (1,021 square feet) of additional industrial floor space and up to 1,681 homes, with a wide range of new retail, restaurants, cafés, outdoor markets and leisure spaces. There