Why regeneration is redefining Stratford
A look at how JLL has collaborated with others to help shape office redevelopment at International Quarter London in the Stratford area of London where the 2012 Olympics were held.
Over 25,000 employed by 2025
Creating a new London quarter
£860m in forward funding
4m of Grade ‘A’ office space
Regeneration through property development has the potential to create vibrant new communities. When a plan was formed to create a new urban quarter around Queen Elizabeth Olympic Park, in Stratford, we were at the heart of the ambition to make it a leading destination to live, work, learn, and connect.
How we worked together
We have been working with landowners LCR for nearly 15 years. Lendlease was selected as a joint venture partner for them to deliver both the Olympic Athletes’ Village and International Quarter London (IQL) where we are working together to create a high-quality commercial quarter.
IQL is the new heart of east London, offering amenities and leisure opportunities and modern, flexible offices designed by leading architects.
We wanted to be part of a development that created a stimulating place to live and work. Homes, retail and leisure opportunities, including the 560-acre Olympic Park, are on the doorstep. Stratford is also well-connected with London Underground, Overground, National Rail, DLR and Crossrail all serving the area.
We advised on major office pre-lets to TfL and FCA, and secured over £615 million of investment through forward funding the two buildings. We also advised on the forward funding of Building S9, for over £240 million, after pre-letting to Cancer Research UK and the British Council.
Together with our partners we remain focused on the future. The £1.1billion East Bank at the Olympic Park will host institutions such as Sadler’s Wells, London College of Fashion, and the BBC Symphony Orchestra. While, UCL East, will have new base, of almost 1 million sq ft, which will be home to 12,500 students.
We will continue to use our expertise and experience to shape the future of work at IQL and to help realise the full potential of other regeneration areas.