25th Sep 2013 07:48
LONDON (Alliance News) - Workspace Group PLC, the serviced office company, Wednesday said it has secured planning permission for the redevelopment of its Poplar Business Park in Canary Wharf.
Poplar Business Park is located in Docklands, 800 metres away from Canary Wharf and close to the new Crossrail station.
Workspace said it has received planning permission for 392 apartments, 20% of which will be affordable, alongside a new 58,000 square foot business centre and 12,000 square feet of light industrial workshops.
This scheme will replace 75,000 square feet of existing light industrial space.
It didn't give any financial details.
Workspace shares were up 0.5% at 416.6 pence.
By Steve McGrath; [email protected]; @SteveMcGrath1
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