Race gathers pace to build first Canary Wharf resi tower

Aaron Morby 11 years ago
Share

An Irish property developer has bought a key site on Canary Wharf to build Europe’s tallest residential building.

The ambitious plan is set to trigger a race with three other developers also planning to build the first residential skyscrapers on or near Canary Wharf in London’s Docklands.

Ryan Corporation is understood to have paid £100m for a site on West India Dock Quay, which previously had planning to build a hotel and office scheme, called the Columbus Tower.

The developer aims to build a 74-floor skyscraper on the site, which would be 7m taller than One Canada Square, Canary Wharf’s highest office building at 235m.

It will shortly submit plans to Tower Hamlets for the new residential-led scheme to be known as the Hertsmere Tower.

Ryan will offer significant investment for social housing in nearby Poplar, Limehouse and the Isle of Dogs as part of the application.

The scheme is set to add urgency to rival developers’ plans to get their schemes moving.

Diamond Tower

Developer Canary Wharf has lodged plans to build the Diamond Tower (above), a 58-floor luxury apartment block soaring 218m into the sky.

While Berkeley Homes has submitted a scoping report to planners at Tower Hamlets pushing the boundary with plans for an 80-storey main tower, with two other 35-floor and six floor buildings at  South Quay Plaza.

Chalgrove Properties Canary Wharf

Developer Chalegrove Properties has consent for a 75-floor residential skyscraper (above).

Chalegrove’s proposed 239m tower project will be mainly residential with 864 flats and 84 serviced apartments and is planned for the City Pride pub in Westferry Road, which will be demolished to make way for the new tower.

Latest news

Historic facade contractor goes into administration

Administrator seeking buyer for Charles Henshaw & Sons
10 hours ago

Tilbury Douglas site manager saves schoolboy’s life

Site manager carries collapsed schoolboy to resuscitation unit he helped build
9 hours ago

Plans lodged for 3,300-home Salford tower cluster

£1bn Regent Park scheme includes UK's third tallest building at 70 storeys
1 day ago

Domis founder Lee McCarren steps down

Fellow director Kingsley Thornton takes helm as co-founder retires
19 hours ago

Spencer lands civils package on £300m energy plant

Subcontract worth £23m on pioneering Manchester green energy storage scheme
16 hours ago

Van Elle and M&J Evans team-up for housing works

Piling and groundworks specialist start new collaboration deal
16 hours ago

Muse JV closes Wolverhampton City Centre West quarter deal

English Cities Fund completes council partner deal for 1,000-home plan
17 hours ago

Ofwat approves £88bn AMP8 water spending spree

Spending on infrastructure ringfenced, unspent funds returned to customers
2 days ago

‘Bellingham Bridge’ takes shape on HS2 in Birmingham

Watch work on four huge piers for bridge named after England superstar
1 day ago

Construction swings from weakest to strongest sector

Construction output rebounds by 1.9% in May after three months of decline
2 days ago

Costain appoints new commercial director

Paul Morris takes over from David Taylor
1 day ago

Galliford Try upbeat as profits set to beat expectations

Contractor reports profits and revenue up in year-end trading statement
2 days ago

Council agrees extra £16m to complete Botley bypass

Milestone Infrastructure will start work next Spring on £47m scheme
2 days ago

Care home specialist Kori Construction hits 10.5% margin

Corby contractor targets multi-room and retirement living after strong year of growth
2 days ago

Hill Group names new special projects chief

Cain Peters to head growing £300m multi-storey complex project arm
2 days ago

Listing bid by one person could scupper 37-storey student tower

Construction faces delay after lone call to list the Hotspur Press in Manchester
2 days ago

A57 Mottram Bypass start date now set for early 2025

National Highways confirms compound work on A57 Link Road scheme can now start
2 days ago

Crest Nicholson set to accept revised Bellway bid

Rival comes-in with a third offer
3 days ago

Concrete frame problems cost Barratt again

Major remediation works needed on two schemes in London
3 days ago

Ex-Taylor Wimpey chief to head Travis Perkins

Pete Redfern takes up CEO role at builders' merchant in September
3 days ago

Tendering opens for £3.7bn Eastern Green Link 3 work packages

Bid race starts for UK’s largest proposed HVDC transmission project
3 days ago

HG Construction wins 37-storey Manchester student tower

Work to get underway at One Medlock Street
3 days ago

GF Tomlinson trio decamp to rival Miller Knight

£24m turnover Mansfield contractor launches growth push
3 days ago

Balfour awarded £185m A9 dualling contract

Winner revealed for retendered job
3 days ago

Rayner rescues plans for two giant data centres

Secretary of State for Housing, Communities and Local Government to look again at rejected schemes
4 days ago

Skanska UK construction restates 2022 profit down £30m

Errors in project completion cost estimates force contractor to slash reported profit
4 days ago

Supply chain woes send Willmott Dixon to a loss

Contractor hails strong start to 2024 after making a £5.2m pre-tax loss last year
5 days ago

Vistry on track for 10% profit rise after subcontractor cost cuts

House builder expects half year operating profits to hit £227m
4 days ago

Work to start on £100m Staffordshire Uni student village

700-bed student village will be built at Stoke-on-Trent campus
4 days ago

Driver crushed by concrete blocks on housing site

Avant Homes fined £300,000 after site delivery death
4 days ago

Contractor services