The 33 floor Duncan House scheme on Stratford High Street will rise to over 100m and joins a cluster of tall buildings in the area.
Mark Watkin Jones, Chief Executive Officer of Watkin Jones, said: “We are delighted to have secured planning consent for this latest scheme in our pipeline, which builds our visibility around our business model.
“We expect to be on site towards the end of 2016 and complete the scheme in 2019.”
The proposed redevelopment of Duncan House has been designed by Hodder + Partners and will deliver 511 beds, 44 residential units and 30,000 square feet of academic space.
Watkin Jones is in advanced negotiations with University of London and their funding partners, to forward sell the student part of the Duncan House scheme as per the group’s business model.
The residential units will be sold in a separate transaction by Watkin Jones.