Countdown begins for Coppermaker Square BTR opening

Opening date for the first phase of Coppermaker Square Build to Rent, adjacent to Westfield Stratford City, announced - and will be managed by Greystar.

CGI of Coppermaker Square, Westfield Avenue. The countdown has begun for the opening of the scheme, delivered in a partnership between PSP Investments, QuadReal and Unibail-Rodamco-Westfield, and will be managed by Greystar | BTR News
CGI of Coppermaker Square, Westfield Avenue. The countdown has begun for the opening of the scheme, delivered in a partnership between PSP Investments, QuadReal and Unibail-Rodamco-Westfield, and will be managed by Greystar.

As East London celebrates the London 2012 ten year anniversary, joint venture partners PSP Investments, QuadReal Property Group and Unibail-Rodamco-Westfield (URW) announce the six-month countdown to the opening of the first phase of Coppermaker Square, a Build to Rent development adjacent to Queen Elizabeth Olympic Park and Westfield Stratford City. The scheme – which will be managed by Greystar – will open to its first residents in January 2023.

Coppermaker Square is named after the 1847 Eastern Counties Railway’s Stratford Locomotive Works, which was situated nearby. The site had several copper making workshops that were integral to construction of the locomotives, and the production of the network of copper tubes used to power locomotive engines. Coppermaker Square will be emblematic of the dynamic area Stratford has become, whilst celebrating its rich history.

“The opening of the first phase of Coppermaker Square will be the culmination of more than a decade of investment into Stratford by URW. During that time, we have seen the area transform into one of London’s most vibrant and exciting districts while investing more than £2bn and helping to generate thousands of retail and construction jobs. 

“Coppermaker Square will be the most exciting new address in the neighbourhood and we, alongside our dedicated partners, PSP Investments and QuadReal, look forward to welcoming the first residents.”

Keith Whitmore, Head of Development, Design & Construction UK and Director of Construction Management Europe, URM

Coppermaker Square will deliver 1,225 new Build to Rent units – a mix of one-, two-, three- and four-bedroom apartments. The entire project comprises nine residential buildings, ranging from eight to 38 level, arranged around a landscaped public square with additional green spaces for residents. Residents will benefit from views over the adjacent Olympic Park and wider London.

CGI of an apartment at Coppermaker Square Build to Rent scheme | BTR News
CGI of an apartment at Coppermaker Square Build to Rent scheme.

The development will include a dedicated amenities hub and commercial space. Amenities include a gym, exercise and wellbeing studios, a 25m pool with spa facilities, a co-working space, a residents’ lounge, a private roof garden and cinema room.

Connectivity and integration into the wider community has been an essential part of Coppermaker Square, with Cherry Park Lane, a landscaped thoroughfare, linking the site to the ‘Street’ at Westfield Stratford City and the Olympic Park.

“Coppermaker Square reflects PSP Investments’ long-term strategy to invest in professionally managed residential developments alongside best-in-class partners. We are excited to move toward the next stage of this innovative project. It promises to be one of the largest and most exciting developments in one of central London’s most vibrant communities – providing premium, high-quality, sustainable homes with a heightened focus on lifestyle and community connectivity.”

Stéphane Jalbert, Managing Director, Head of Asia-Pacific and Europe, Real Estate Investments, PSP Investments

International property development and management company – Greystar – has been appointed as the site’s operator. Recognised internationally for delivering high levels of service and best-in-class resident satisfaction, Greystar will provide an end-to-end management service on site.

“Greystar is thrilled to be selected as the operator for Coppermaker Square and looks forward to working closely with PSP Investments, QuadReal and URW to deliver a best-in-class Build to Rent community with exceptional customer service and amenities. As Greystar focuses on growing our third-party operating platform across Europe, this is an exceptional opportunity to collaborate with the partnership on this major residential development. We look forward to working together to deliver one of the most exciting residential developments in London.”

Michela Hancock, Managing Director, Greystar

Through its management, Greystar will deliver a high-quality level of service for residents, from safe parcel delivery facilities and 24/7 concierge, to a unique calendar of exclusive resident events. Bookable services via the resident app will include a private dining room, personal trainer sessions, dog walking and cleaning, and sustainably minded residents can use the app to swap and recycle items between them.

“This is an exciting moment for QuadReal, as we approach the first delivery of homes to residents at Coppermaker Square. We are proud to stand alongside our partners PSP Investments and URW, and welcome Greystar’s management expertise.”

Jay Kwan, Managing Director, Head of Europe, QuadReal
CGI of the pool and spa area at Coppermaker Square - Unibail-Rodamco-Westfield (URW) | Greystar | PSP Investments | QuadReal | BTR News
CGI of the pool and spa area at Coppermaker Square.

Commitment to community and sustainability at Coppermaker Square

The partnership between PSP Investments, QuadReal and URW is committed to the role it plays in the economic, environmental and social vitality of the communities in which it operates. Coppermaker Square has been built to minimise environmental impact.

90% of waste arising from demolition works will be re-used or recycled. To reduce waste generated on-site, 3,000 pre-fabricated bathroom and shower room pods were built offsite before being installed. The development’s heating and cooling system is being provided from a low-carbon EQUANS District Heating Network, and electric car charging points have been installed in the building’s car park. 

As part of URW’s broader commitment to the legacy of Stratford, the company has made a £10m sponsorship donation to the East Bank’s key community project – to create the Westfield East Bank Creative Futures Fund. In partnership with the Foundation for Future London, this flagship project will provide new jobs, learning, training and educational programmes through the means of arts, culture, innovation, public realm and creative placemaking. 

The East Bank, which sits next to Coppermaker Square and is set to become a powerhouse for culture, innovation, creativity and learning, also opens its first set of doors this year. UCL is due to open this Autumn, followed by Sadler’s Wells, London College of Fashion, V&A and BBC Music studios next year. This is expected to bring a further 1.5 million visitors to the local area and create a further 2,500 jobs.