The Bow Goods Yard site is the final parcel of legacy land to be unlocked and is Network Rail Property’s first independent planning submission.

The site will host up to 3 m sq ft of floorspace within a new Network Rail Hub that brings together their offices and maintenance and delivery units, and will form a new front to the park.

Bow Goods Yard is vital to London’s construction sector, supplying over a million tonnes of aggregates annually while being home to a concrete batching site.

Additionally, a range of leisure uses are proposed, with the flexibility for up to 350,000 sq ft destination leisure supported by 35,000 sq ft food and beverage alongside 55,000 sq ft of sports pitches to complement existing facilities on the Queen Elizabeth Olympic Park.

Robin Dobson, Group Property Director at Network Rail, said: “Transforming this strategically underutilised freight site into the largest industrial and logistics campus that serves the whole of East London is central to expanding rail freight capacity and supporting the capital’s logistics market.

“The approval of this masterplan submitted by Network Rail Property is a major milestone in repositioning the property business. ”