00:00A major regeneration scheme in Shoreditch has been approved by City Hall, despite objections
00:06from Hackney Council planning officers. Shoreditch works will include an 18-storey tower,
00:1378 homes and 65,000 square metres of workspace. Deputy Mayor Jules Pipe approved the plans,
00:20saying the scheme's benefits outweighed its potential harm. Council officers had warned
00:26about the impact on local heritage and the amount of affordable housing and workspace.
00:31The development guarantees 35% affordable housing, with surplus early profits earmarked
00:38for additional homes, potentially reaching Hackney's 50% target.