Tower Hamlets council has green-lighted plans for a “striking” new resi structure in the City.
The 57-storey Herzog & de Meuron-designed cylindrical affair (which is going to have to work hard to shake off its unofficial moniker “The Loofah”) will involve 468 new apartments, from studios to three-beds, and sit on the edge of South Dock, to the east of the existing Canary Wharf estate.
It’ll form a “key part” of the massive resi-led development scheme formerly known as Wood Wharf, which is creating a 4.9m square foot mixed-use, waterside community with over 3,200 new homes, 2m square feet of office space, and another 335,000 square feet of shops, restaurants, school and landscaped parks.
Sir George Iacobescu, Chairman and Chief Executive Officer of Canary Wharf Group plc: “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.”
The nod comes just a few days after Canary Wharf Group launched debut resi project 10 Park Drive. The Stanton Williams-designed scheme is delivering 74 studios, 115 one-beds, 141 two-beds and 15 three-beds.