Hackney Wick approved for Tech City boost
Proposals for a new business hub at Hackney Wick have been approved by the London Thames Gateway Development Corporation.
The £45million scheme, approved by its planning committee last week, aims to expand on the cluster of creative industries in the region with 6,000 sqm of affordable workspace.
It also includes 130 residential units, superfast broadband and improvements to Hackney Wick station.
LTGDC's development director Steve Oakes said: "Tech City shouldn't stop at Shoreditch. We are providing the foundations for it to continue to spread eastwards through to Hackney Wick.
"Already home to a cultural and creative industry with a range of businesses aligning well with hi-tech concerns, Hackney Wick is a ready-made creative and cultural industries cluster."
Work will now take place to find a developer for the scheme.