Greenwich, London SE10
Senior debt facility to fund development. The site is located in East Greenwich, a residential area in close proximity to central London and Canary Wharf. Redevelopment in the past 10 years has transformed much of the former surrounding industrial area around Greenwich Peninsula. Greenwich Square is a landmark residential-led scheme developed by Mace and strategic partners. Phase I of the development, funded by Urban Exposure, completed in October 2016 and delivered 361 new homes, a leisure centre, a public library, a GP surgery and new retail space, and was sold entirely off plan. Phase 2 comprises 239 private apartments built around a central landscaped courtyard, of which 86 are affordable units, as follows: 22 x studio, 104 x 1-bedroom, 93 x 2-bedroom and 20 x 3-bedroom.
Mace was established in 1900 and is now a world-renowned construction and development group. It is the lead contractor on some of the most important and iconic building and infrastructure projects worldwide.