Bishopsgate Goodsyard is now a step closer to realising development. The site has been screaming out 'Develop Me!' for 40 years now where it has laid unused and dormant. The site to the north of the city and Liverpool Street covers a huge area (shown below).
The Mayor of London along with Hackney and Tower Hamlets Councils have now approved new planning guidance (it's a neck breaker!) that will shape its future with outline visions of up to 2,000 new homes, community facilities and employment space. The local authorities and the GLA have worked closely with the landowners and future developers Ballymore and Hammerson as well as urban designers Terry Farrell and Partners to produce the planning guidance.
An exciting feature of the proposed development will be the creation of a high-level public park above the listed Braithwaite Viaduct. This will create a Shoreditch version of the famous New York High Line park, which completed last year and has been a huge success. Somehow though I doubt it will match up to New York's High Line, this is 1.45miles long and pictured (below).
The new Shoreditch high Street station on the East London Line extension is set to open this summer and will surely be a catalyst for regeneration. Although not exactly pleasent to look at the moment it has been designed so buildings can be built on top of and around it.
The question remains then: how long will it be until the Bishopsgate Goodsyard is developed and Shoreditch High Street Station is surrounded by high rise developments? The picture below shows the vision. Quite a while I would say.