Go-ahead for Canary Wharf residential tower

Plans for a 58-storey residential building in a location earmarked for office development at Canary Wharf in east London have been given the green light by the London Borough of Tower Hamlets.

Canary Wharf: residential tower given green light
Canary Wharf: residential tower given green light

The borough’s strategic development committee last week resolved to grant developer South Quay Properties’ proposals for a 58-storey tower and linked two-storey building comprising 568 residential units full planning permission.

In a statement, landowner the Canary Wharf Group said that the application will now be referred to the mayor of London for final approval and is subject to the completion of a section 106 planning gain agreement.

An officers’ report had recommended that the committee resolve to grant full planning permission.

The report said that, while the site - bounded by Park Place, Westferry Road & Heron Quay Road – is within a preferred office location, there has been "sufficient evidence submitted to demonstrate the construction of an employment led-development on this site is not viable".

The report added that the development would form a "positive addition to London’s skyline, without causing detriment to local or strategic views and would enhance the character of the immediate area by virtue of its high quality design".

The officers’ report said that applicant proposes to deliver the affordable housing element of the scheme offsite, "along with a cash contribution in-lieu of the intermediate housing, which amounts to a total of 45 per cent affordable housing".

Canary Wharf Group’s chairman and chief executive officer Sir George Iacobescu said: "The Canary Wharf Estate is a growing community and I am pleased that this resolution has been passed. This means the Group will, for the first time, be able to offer residential space within the foot print of the Canary Wharf Estate and adjacent to our 800,000 sq ft of retail and transport modes."

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