Officials Green Light New Canary Wharf Apartment High-Rise in London
- Aug 04, 2015
By Adriana Pop, Associate Editor
London, UK—An impressive new residential high-rise will soon rise at Canary Wharf in London.
Canary Wharf Group plc, a wholly owned joint venture between Brookfield Property Partners and the Qatar Investment Authority, has recently been granted detailed planning permission to build the project at the estate’s new phase, formerly known as Wood Wharf.
Designed by world renowned architects Herzog & de Meuron, the upcoming cylindrical tower will feature 468 apartments ranging from studios to large three-bedroom family units. The building will be situated in a prominent waterfront location on the edge of South Dock, directly to the east of the existing Canary Wharf estate.
This project is part of a transformative development initiative which is set to include a 4.9 million-square-foot mixed-use, waterside community providing over 3,200 new homes, nearly 2 million square feet of high quality commercial office space, as well as 335,000 square feet of shops, restaurants, school and landscaped parks and walkways.
Sir George Iacobescu, chairman & CEO of Canary Wharf Group, said: “We are delighted to have received approval from Tower Hamlets Council to proceed with the latest building in Canary Wharf Group’s extensive pipeline and exciting residential offering. This decision is a major step in the progression of the New Phase, a development that will broaden and extend the Canary Wharf estate, adding to its vibrancy and continually expanding cultural, community and commercial offer.”
In July, Canary Wharf Group has also launched its first ever homes, at 10 Park Drive, adjacent to the Herzog & de Meuron tower. The development comprises a mid-rise 13-story building adjoining a 42-story tower, together containing 74 studios, 115 one-bedroom apartments, 141 two-bedroom apartments and 15 three-bedroom apartments.
Photo credits: Canary Wharf Group