Ambitious Wood Wharf plans unveiled by Canary Wharf Group

By Rob Virtue on December 10, 2013 10:34 AM |

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The latest masterplan for the Wood Wharf project has been submitted to Tower Hamlets Council.

Canary Wharf Group says the ambitious scheme will be "defined by a network of high quality parks and public squares with a kilometre of dock-edge walkways".

Homes will range from park-side townhouses to affordable housing and luxury penthouses in residential skyscrapers.

Meanwhile, offices will be focused on creative media, technology and telecommunications companies.

There will also be over 100 shops, restaurants and cafes.

In total there will be 3,100 residential units and 240,000 sqm of office space.

The first phase will include 884 homes in three buildings designed by Herzog & de Meron and Stanton Williams.

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Sir George Iacobescu, chairman and chief executive of Canary Wharf Group, said:

"This is an exciting new project for Canary Wharf Group which represents the continued redevelopment of East London almost 30 years after the original transformation of Canary Wharf began.

"The revised masterplan will create a strong and complementary mix of uses, and provide new homes, offices and retail spaces set within a network of streets and public spaces, designed to support the social life of new residents, employees and the surrounding community.

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"It is a reflection of the demand we are seeing in the market, and is an opportunity for us to further expand the appeal of Canary Wharf by creating a new and exciting mixed use neighbourhood at Wood Wharf which will offer greater diversity and amenity and a richer urban fabric for the fast emerging City Centre of Canary Wharf."

The group wants construction to begin in 2014 with the first buildings completed in 2017.

A website has been launched about the scheme: shapingwoodwharf.com

Click here for background to the Wood Wharf site

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