The investment proposition:
The development JV (The Silvertown Partnership) is seeking a capital investment partner committed to long term capital growth and delivering significant environmental and social impact. Once funding is acquired the building is ready to move into its construction phase immediately.
Key facts:
Millenium Mills, part of the £5.2bn Silvertown regeneration, is an iconic, listed heritage building being reimagined to offer flexible workspace for next generation businesses that will feature breakout spaces on the ground floor and rooftop gardens with stunning views over East London.
Once a flour mill, its storied history and heritage
are meticulously preserved and celebrated in the new design. The project exemplifies sustainability, boasting low embodied carbon due to the reuse of its existing frame and façade. As part of the wider scheme Silvertown & Millennium Mills will benefit from the UK’s first EctoGrid, harnessing energy from local industrial units.
Spanning 225,000 sq ft NIA, Millennium Mills will foster a thriving ecosystem of like-minded businesses and will be complemented by new build workspaces from the 2030s onwards. The building will anchor the northern side of ‘Mills Square’, and boast uninterrupted views of the dock.
The 60-acre site will be home to two creative clusters Mills Square, and Silverworks, East London’s hub
for creative production with TV and film studios, music recording studios, performance spaces, and rehearsal areas. Upon completion, Silvertown will offer 1.2m sq ft of new workspace in London’s only enterprise zone, provide c.6,500 homes for all stages of life with 50% being affordable, create c.7,000 jobs for residents, and be just 15 minutes from the West End via the Elizabeth Line.