Tower Hill scheme wins approval

A large scheme for 800 homes and offices at Tower Hill was given the go-ahead last night. Property firm Workspace won consent from Southwark Council to redevelop Tower Bridge Business Complex in Bermondsey, creating 60,000 square feet of new office space alongside 270,000 sq ft of retained business space on the site. Analysts estimate the scheme could generate around £24m of added value for the group.