Developers hike affordable housing to 50% in Bishopsgate Goodsyard plans

Hammerson and Ballymore have increased affordable housing to 50% in their most recent proposals for London’s Bishopsgate Goodsyard. This is an increase on the 35% proposed in November, which was a boost on the 15% proposal under the original 2014 application.  The joint venture has submitted revised plans to the Greater London Authority (GLA) for the regeneration of the Bishopsgate Goodsyard to create a 10-acre mixed-use scheme in Shoreditch, east London. Other new measures include around 140,000 sq ft of affordable space – one of the largest single contributions of any development in London – out of a total