Plans evolve for Canary Wharf estate's first resi tower

Posted by: Victor Pardis on 17th April 2013
Further details of its plans for its Newfoundland site emerged today in full year results for Songbird, the consortium which owns 69% of the Canary Wharf Group. 

Consent has been already been granted on the Newfoundland site for 230,000 sq ft of hotel and serviced apartments. 

However, Canary has been exploring an alternative all residential concept of up to 500 apartments. 

Songbird said today the scheme would increase the original consent to potentially over 400,000 sq ft. 

John Garwood said the group was now working with architect Horden Cherry on a “stunning tower” with a view to lodging the proposals by September or October. 

Garwood has previously said the scheme will provide a private balcony for each apartment “offering views looking across the water from the Jubilee Line across Jubilee Park towards the Dome and to the west into central London.”

Canary Wharf Group is increasingly focused on mixed-use development across the circa 11.3m sq ft development pipeline it has across the capital. 

At least half of its revised masterplan for the 20-acre Wood Wharf scheme adjoining the Canary Wharf estate is set to comprise residential. The company is also focusing on providing space that appeals to the burgeoning TMT sector at its upcoming developments.

Garwood added: “The success that we have enjoyed with Land Securities in finding tenants for our 20 Fenchurch Street scheme, which is now 53% let and has proved popular with the insurance sector, is evidence of how Canary Wharf has always developed to satisfy specific demand.” 

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