Bloom, the ultra-urban industrial investor and developer, has secured planning consent for a sustainable 35,845 sq ft development in London’s Greenwich.

The development is located on a one-acre site at the junction of Peterboat Close and Tunnel Avenue by the Blackwall Tunnel. It is the third to be carried out by Bloom for its £250 million ultra-urban warehouse joint venture with Angelo Gordon in central London, following consents in the summer for projects In Hackney and Brixton.

Bloom will develop five units, totalling 35,845 sq ft, designed by Chetwoods. Construction will start in December, with completion expected in the fourth quarter of 2023.

The development will be targeting a BREEAM sustainability rating of ‘Excellent’ and an EPC rating of ‘A+’ in accord with Bloom’s core sustainability objective to reduce greenhouse gas emissions through construction and operational efficiency. It will include:

  • extensive urban greening through the implementation of a green wall, green roofs and bee-friendly planting to enhance biodiversity
  • renewable energy in the form of solar photovoltaic panels on the roofs and air source heat pumps
  • lorry, car and cycle EV charging points to encourage sustainable and active modes of transport, as well as cycle storage for each building and cycle bays for visitors
  • low carbon technology to reduce energy consumption and improve carbon savings
  • use of recycled materials and materials with low embodied carbon

The letting agents are CBRE and Gerald Eve.

Since the inception of its joint venture with Angelo Gordon in 2021, Bloom has acquired six London assets in Brixton, Greenwich, Hackney, Fulham, Camberwell and Park Royal. The portfolio comprises a mix of extensive refurbishment and ground-up redevelopment projects, with practical completion for all assets expected by the first quarter of 2024.

Tom Davies, co-founder of Bloom, said: “Greenwich is the third development in our strategy to reimagine urban warehousing, by providing well-designed, sustainable and clean buildings in supply-constrained inner London sub-markets”.