Greystar has reached a key construction milestone with the topping out of Stratford Mill, a new build-to-rent development in East London's Pudding Mill area.

The £68.5 million project will deliver 247 new homes, including 205 professionally managed rental units under Greystar’s Momento brand and 42 affordable homes to be operated by housing association Sovereign Network Group (SNG). The development is expected to welcome its first residents in 2026.

Once complete, Momento Stratford will offer a mix of modern apartments designed for long-term renters, complemented by shared amenities, landscaped public spaces and easy access to Stratford’s extensive transport network. The scheme forms part of the wider regeneration of the Queen Elizabeth Olympic Park, supporting the creation of a new, vibrant residential neighbourhood in one of London’s fastest-growing districts.

-- Advertisement --

Greystar acquired the Stratford Mill site in 2023 and secured funding the following year to advance delivery despite ongoing challenges in the construction and financing sectors. The milestone demonstrates the company’s continued confidence in the strength of London’s rental housing market and its long-term commitment to providing professionally managed homes across the UK.

Daniel Thompson, Managing Director – UK Development at Greystar, said the milestone highlights the strength and resilience of the rental sector and reflects the dedication of the project team, partners and local community.

Pat O'Hare, Regional Director at GRAHAM, the project's main contractor, said the achievement underscores the professionalism and focus of the delivery team in maintaining progress amid wider market pressures.

Paul Haines, Construction and Delivery Director at SNG, added that the scheme will deliver much-needed affordable homes with excellent access to transport, jobs and local amenities.

Upon completion, Momento Stratford will become part of Greystar’s growing European rental living portfolio, offering residents high-quality homes with professional management, consistent service and a strong focus on community, wellbeing and convenience.