Results tagged “Newfoundland”
Work could begin on Canary Wharf's first residential development later this year.
Newfoundland will become the first residential tower on Canary Wharf.
Ahead of moves into low-rise, live-work communities on Wood Wharf, Canary Wharf Group confirmed this week it is in talks with the planning authorities to build apartments in the heart of the financial district.
The topping out ceremony at 25 Churchill Place earlier this month meant Canary Wharf Group had reached a milestone - the completion of its original masterplan.
But, as reported in The Wharf last week, Canary Wharf Contractors' executive director Cormac MacCrann, said there was still much more work to do over the coming years.
The future landscape of Canary Wharf is beginning to take shape after Mayor Boris Johnson rubber-stamped three major developments.
The London figurehead approved plans for West India Dock's Crossrail station, the 7.98 hectare Wood Wharf office and residential scheme, and the 37-storey Newfoundland hotel near Heron Quays.
CANARY Wharf Group has upped its contributions to get the green-light for a hotel.
Subsidiary South Quay Properties is keen to build a 37-storey hotel dubbed Newfoundland to the west of the estate.
But Tower Hamlets Council deferred its application in August, asking for more cash for local services.
Newfoundland would feature 150 rooms, and 78 serviced apartments.
The company has now raised its Section 106 contribution from £915,284 to £1,115,284, including an additional £100,000 donation to the Isle of Dogs Community Foundation.