Monday 13 March 2017 – Media Release
Canary Wharf Group Launches Next Residential Phase
Canary Wharf Group has announced that it is launching its latest residential project, One Park Drive, a striking building by award-winning Swiss architects Herzog & de Meuron, following on from the success of 10 Park Drive. The project is a significant step in the next phase of Canary Wharf’s development and is likely to be one of the most exciting residential buildings to launch in London this year.
The 58-storey building, with its distinctive circular design, will feature 483 apartments ranging from studios to four-bedroom penthouse apartments and will be built in the area’s new district in a prominent waterfront location, on the edge of South Dock. Set to be one of the city’s most sought after addresses, the apartments are due to be launched to the market later this month.
Herzog & de Meuron are the architects for the development, and endeavor to start each new project without predetermined ideas, even with a conscious naivety coupled with curiosity, in order to produce unexpected and original results. In every project they try to observe, respond, and nurture the history and spirit of each place. Herzog & de Meuron have designed a wide range of projects from the small scale of a private home to the large scale of urban design. The practice is behind some of the world’s most famous contemporary buildings, including the recently completed Elbphilharmonie in Hamburg, the Tate Modern in London and the ‘Birds Nest’ Olympic Stadium in Beijing.
Sir George Iacobescu, Chairman and Chief Executive Officer, Canary Wharf Group, comments: “We are confident about the long-term prospects of the London economy and this is a vital step in our continued development of Canary Wharf. We see Herzog & de Meuron not only as a leading architect, but a creator of art that transcends global boundaries. With the arrival of Crossrail in 2018, Canary Wharf will become one of the most well-connected neighbourhoods in London, creating an accessible network all designed to support the social life of new residents, employees and the surrounding community.”
For further information, please contact:
Canary Wharf Group plc
T: 020 7418 2000
NOTES TO EDITORS
About Canary Wharf Group
Canary Wharf Group plc has overseen the largest urban regeneration project ever undertaken in Europe, designing and building more than 17m sq ft of London real estate, which now houses local and international companies and renowned retailers.
The Canary Wharf Estate is a major retail destination comprising around 1m sq ft across five shopping malls, including the award-winning leisure development, Crossrail Place, housing one of London’s most stunning roof gardens. It also has world-class, year-round arts and events programme offering over 200 diverse and culturally inspiring events performed throughout the Estate.
Canary Wharf Group is a wholly owned joint venture between Brookfield Property Partners and the Qatar Investment Authority.