Tuesday 28 July 2015 – Media Release

Canary Wharf Group Receives Detailed Planning Approval for Herzog & de Meuron Residential Tower

Canary Wharf Group plc is pleased to announce that Tower Hamlets Council has granted detailed planning permission for a striking residential tower at the estate’s new phase, formerly known as Wood Wharf.

The 57-storey building will comprise 468 apartments ranging from studios to large three bedroom family units and is situated in a prominent waterfront location on the edge of South Dock, directly to the east of the existing Canary Wharf estate.

Designed by world renowned architects Herzog & de Meuron, the cylindrical residential tower will form a key part of the new residential offering at Canary Wharf. The wider development site will be transformed into a 4.9m sq ft mixed use, waterside community providing over 3,200 new homes, nearly 2 million sq ft of high quality commercial office space, and a further 335,000 sq ft of shops, restaurants, school and landscaped parks and walkways.

Sir George Iacobescu, Chairman and Chief Executive Officer of Canary Wharf Group plc, 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.”

The permission comes just days after the launch of Canary Wharf Group’s first ever homes, at 10 Park Drive, adjacent to the Herzog & de Meuron tower. A Stanton Williams designed building, 10 Park Drive is a mid-rise 13 storey building adjoining a 42 storey tower, together containing 74 studios, 115 one-bedroom apartments, 141 two-bedroom apartments and 15 three-bedroom apartments.

ENDS 

For further information, please contact:

Canary Wharf Group Press Office
020 7418 2000
pressoffice@canarywharf.com

NOTES TO EDITORS

About Canary Wharf Group
Canary Wharf Group plc is an iconic London real estate business which has overseen the largest urban regeneration project ever undertaken in Europe. It designs, builds and manages a unique set of assets to serve local and international companies, renowned retailers and some of the UK’s most exciting technology start-ups.

Canary Wharf Group is a wholly owned joint venture between Brookfield Property Partners and the Qatar Investment Authority.

For more information about the new homes visit www.canarywharf.com/residential or contact the sales team at Canary Wharf Residential on +44 (0)20 7001 3800 or visit the Sales and Marketing Suite in Jubilee Place Mall, Canary Wharf.

www.canarywharf.com
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