Plans for 3,100 homes in Wood Wharf approved
Canary Wharf Group has won permission to build 3,100 new homes among the estate's towering skyscrapers.
The homes will be built on a 20-acre mixed use site in Wood Wharf that will include offices, shops, restaurants and cafes.
The neighbourhood will include a mix of private, intermediate and social housing, as well as provide a network of parks and public squares with around nine acres of interconnected public spaces, including a kilometre of dock-edge walkways.
Commercial office space will be offered to all sectors, but with a focus on the creative media, technology and telecommunications sectors.
The development also includes a new 420 place primary school, an NHS medical centre, community centre, hotel and more than 100 new high street shops, restaurants and cafes.
Sir George Iacobescu, chairman and chief executive officer of Canary Wharf Group said: "We are very pleased to have worked in collaboration with Tower Hamlets and the local community in helping to achieve this important planning permission.
"This major eastern development of Canary Wharf will reinforce the district as one of London's most vibrant and dynamic mixed-use commercial and residential districts.
"We expect to be on site in the fourth quarter of 2014, with the first buildings to be occupied as early as the end of 2018."
The development is expected to create 17,000 jobs, of which 3,500 are planned for the local community.