Greystar, a global investment, development, and real estate management company, has selected GRAHAM as the construction partner for the Stratford Mill residential project in East London, UK.
The scheme, supported by a £68.5m ($88.66m) debt facility from Societe Generale, aims to transform a brownfield site into a housing and community space.
Greystar Development UK managing director Dan Thompson said: “We’re very excited to see our development at Stratford Mill progress, thanks to the debt facility secured from Societe Generale, our contractor GRAHAM and SNG [Sovereign Network Group] who will forward fund 42 affordable homes.”
The Stratford Mill development is poised to deliver 247 apartments, which include 42 affordable homes funded by SNG.
The buildings, varying from two to 12 storeys, will offer a blend of residential and commercial spaces. This project underscores Greystar’s dedication to sustainable, resident-focused housing solutions.
In addition to housing, the scheme will provide landscaped green areas and modern amenities designed to improve residents’ well-being and encourage community engagement.
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By GlobalDataThe development is set to be completed by late 2026 and will feature a mix of market-rate and affordable homes.
The location of the development near the Stratford and Stratford International stations offers excellent transport links and proximity to local attractions such as City Mill Lock and Queen Elizabeth Olympic Park.
GRAHAM, a privately owned company with expertise in construction, civil engineering, and various other sectors, boasts an annual turnover of £1.09bn. The company has a network of 16 regional offices and 2,000 employees.
The company recently secured an £80m contract to build a new educational facility at Alkerden Academy in Kent, England.