International Way
Exemplar Build-to-Rent led development adjacent to Stratford International Station
Location
Product Type
New Homes
Overview
Located in a prominent position adjacent to Stratford International station, Telford Living are currently undertaking the redevelopment of the 1.1 acres site which was formly a bus layover and taxi rank. Comprising two towers, the development will provide 380 units once complete, 133 of which are affordable.
Telford entered into a forward-funding agreement with Legal & General in 2021 adopting a financially innovative structure allowing both parties to share in the value creation of the trophy asset. As part of the transaction, Legal & General Affordable Homes will acquire the 79 LAR (London Affordable Rent) units.
Construction commenced in 2021 and is schedule to complete in 2025, welcoming first occupants in 2026.
Sustainability Credentials:
- The scheme exceeds Part L building regulations with 42% cumulative CO2 savings in the residential areas and 36% for the commercial elements
- BREEAM excellent rating
- 340 construction jobs supported per year