Canary fine-tunes homes appeal at Docklands estate

By Paul Norman - Friday, September 14, 2012 15:35

Canary Wharf Group is fine-tuning designs for thousands of homes close to and on its Docklands estate as part of its drive to widen the tenant base and appeal of the key office location.

In 69% owner Songbird’s half-year results this year, it emerged that after securing 100% ownership of the Wood Wharf site next to the Canary Wharf estate earlier this year, the group has now appointed Sir Terry Farrell & Partners to work on its new masterplan.

The scheme is now likely to comprise 3,000 homes, 2.15m sq ft of offices and a further 240,000 sq ft of retail, cultural and community space.

The original Rogers, Stirk, Harbour & Partners masterplan proposed 4.8 sq ft of development comprising 1.2m sq ft of residential along with a further 3.1m sq ft in offices, 200,000 sq ft of shops and a 200,000 sq ft hotel.

John Garwood, Group Company Secretary at Canary Wharf, said the new design brief sought to better integrate residential and commercial space to attract a wider base of tenants to the area, with a particular emphasis on the thriving media and technology sectors.

“While the buildings may be higher rise close to the Canary Wharf estate as you move away we are considering European grid style lower rise development. The retail will be focused on street level offerings as well as taking advantage of the water frontage. While in the past people have been happy to commute to work they increasingly want to live more closely to their place of employment and we want to embrace this.”

Garwood added: “We are not just looking at how to create a diversity of offering between the commercial and the residential but also within the residential development too.”

Elsewhere the group is also working towards lodging plans towards the end of the year for its first residential development on the Canary Wharf estate, with aspirations to start building towards the end of 2013.

Architect Horden Cherry Lee is working up plans for a residential tower scheme replacing former plans for serviced apartments at its Newfoundland site. The scheme will provide a private balcony for each apartment.

Garwood said: “The scheme will offer views looking across the water from the Jubilee Line across Jubilee Park towards the Dome and to the west into central London.”

Elsewhere in London, alongside Qatari Diar, Canary Wharf is working up plans for 800,000 sq ft of residential as part of its 1.4m sq ft redevelopment of the Shell Centre.

pnorman@costar.co.uk

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