A 57-storey residential block set for Canary Wharf has been given the final green light.
The next phase in Canary Wharf Group’s residential site has been given detailed planning permission by Tower Hamlets Council - following on from 10 Park Drive’s 345 apartments, which were released in July.
Planning approval for Herzog & de Meuron’s showpiece cylindrical tower on the former Wood Wharf site is the next phase in a wider development that is set to deliver a total of 3,200 new homes, two million sq ft of office space, as well as shops, restaurants, a school, parks and walkways.
ALSO ONLINE: Ten reasons why you should move to Canary Wharf
The new block will deliver 468 apartments ranging from studios to three bedroom homes and will be situated on the edge of South Dock, directly to the east of the existing Canary Wharf estate.
Canary Wharf Group chairman and chief executive officer Sir George Iacobescu 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.”