Canary Wharf Contractors is delivering the main build after a £74m development loan was secured by Canary Wharf Group and hospitality group edyn.
The 20-storey Locke aparthotel is to be built at One Charter Street on Wood Wharf, Canary Wharf’s new mixed-use district.
The job involves building 17 floors of volumetric modular serviced apartments over a retail/amenity space in the lower podium levels.
Two full-height concrete cores will provide structural stability and the scheme will be crowned with a rooftop restaurant providing a unique dining experience with prime views over London City.
An open and collaborative approach between Canary Wharf Group, edyn, Caledonian and design partners HTA and Holloway Li has maximised levels of offsite completion, significantly reducing onsite resource and programme.
The steel-framed modules are being designed and manufactured at Caledonian’s 40 acre manufacturing facility in Newark, Nottinghamshire.
This is the latest significant success for Caledonian that underpins continued growth plans and investment in the business and contributes to current secured pipeline in excess of £200m.