New homes in London: Islington Square

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One of London’s historic Royal Mail depots changes address this week, creating a  first-class destination in its wake. Islington Square is a redevelopment of the Edwardian mail depot, which follows the move by Royal Mail to a new site in N1. 

The development will usher in a new quarter for lively Upper Street, with 263 homes, boutiques, bars and restaurants, a theatre rehearsal space, health club and cinema. The four-and-a-half-acre site’s grand double-arched entrance, once only used by postal delivery vans, has been opened up and a new shopping arcade, right, and civic square created. There will be an acre of green space across the rooftops of restored buildings, along with newly built apartment blocks.

Industrial-chic kitchens at Islington Square, N1

Built in 1904, in its heyday the centre was the main sorting office for north London, with more than 3,000 staff working there and a refectory and club for employees. 

Its classical red-brick Edwardian buildings are being transformed into loft-style apartments, plus there are new homes above original loading bays. About a third of the flats are designated “affordable”, for rent and shared ownership, and serviced apartments will be available, too. 

A new shopping development has been built with new boutiques, bars and restaurants

There will be a new pedestrian route from Upper Street via a “floating” glass-roofed internal garden. It leads to the covered mall, pictured, at the centre of the £400 million scheme, which opens on to a tree-lined walkway with cafés. The scheme sits next to a conservation area of garden squares and the Almeida Theatre. 

Property prices start at £715,000 and rise to £1.79 million for penthouses with roof gardens. Call Knight Frank on 020 7861 5499.

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