£3.7bn regeneration investment in Canning Town continues with Hallsville Quarter

Canning Town’s £3.7bn regeneration continues with the development of the Hallsville Quarter.

Throughout Phases One and Two, 96 per cent of retail and leisure units have been let or under offer, with 40 per cent of those units being let during the Covid-19 pandemic.

Spearheaded by independent East London commercial advisory agency CF Commercial and Nash Bond, they have secured a mix of large operators including, Starbucks, Superdrug, Mooboo, The Gym Group and McDonalds.

Gavin Rowlands, Director of Nash Bond, said: “In the wake of the pandemic and with the rise of home working, local community hubs like Canning Town have seen exponential growth and interest.

“We’ve seen a flurry of businesses open, with encouraging footfall from day one, and we’re finding that new residents and the established community are hungry for fresh amenities on their doorstep.”

Craig Fisher, MD and founder of CF Commercial, said: “Having worked across South and East London’s iconic regeneration areas of local communities, like Queen Elizabeth Olympic Park and Elephant & Castle, it’s incredible to see how successful the growth of Canning Town has been over the last few years.”

“We knew that Hallsville Quarter was pegged for success, but it has exceeded our expectations and we look forward to watching it grow over the next few years.”

By 2024, 10,000 homes are scheduled to be built across the area, with 620 homes and 59,000 square feet of retail and leisure space as part of Phase 3 increasing the retail and leisure space to 103,000 square feet.