30th January 2015
Tower Hamlets’ Local Planning Authority has approved a new 53-storey residential-led tower at Meridian Gate on the Isle of Dogs. Part of the Marsh Wall East masterplan area and located next to West India Docks, the tower will consist of over 400 one, two and three-bed apartments, with balconies, winter gardens and terraces, providing private external space and views of the capital. The slimline tower was designed by architect Make, at the behest of joint developers Meridian Property Holdings and LBS Properties, and will also include office space and a new public realm at its base, featuring cafés, public gardens, and a children’s play area.
Construction News (30/01/15)
30th January 2015
A former flour factory in Silvertown is set to be transformed in a multi-million pound project which will create 3,000 new homes, with 39% designated as affordable accommodation. The iconic Millennium Mills building will be redeveloped, with a new bridge linking it to Custom House. A further planning application will be handed to Newham Council next month; if the scheme gets final approval, the first phase of the project is scheduled to be completed by 2017.
Newham Recorder (27/01/15)
30th January 2015
The Standard reports that the average London house price rose 1.8% to £464,936 in December, meaning it now stands 16.3% above the average price registered in the same month in 2013. The biggest annual rises were registered in Waltham Forest (25..1%) and Newham (24.2%).
Evening Standard (29/01/15)
30th January 2015
A Qatari-led bid has won the battle to take over London's Canary Wharf complex from majority owner Songbird, after three of its major shareholders agreed to accept the £2.6bn offer.
Financial Times (28/01/15)
30th January 2015
Dozens of Londoners queued outside overnight to buy flats in the Chobham Manor development, near Stratford’s Olympic Park. Despite sub-zero temperatures, buyers were keen to purchase the one-bedroom flats, which start at £370,000. Two-bedroom houses in the development retail for £695,000.
Evening Standard (23/01/15)
23rd January 2015
United House Developments and Poplar HARCA have partnered up to deliver a £300m redevelopment program in Poplar, creating 750 new homes and 250,000 sq ft of retail space. A consultation with local communities on the Chrisp Street regeneration project will be carried out, ahead of a planning application being submitted later in the year. The housing element will be split between affordable and private sale. United and Poplar HARCA announced a joint venture with Londonewcastle recently to refurbish the nearby Ernö Goldfinger-designed Grade II-listed Balfron Tower.
Construction News (21/01/15)