British Land to deliver new homes at Canada Water

The Times offers a guide to Canada Water, a former docklands on the Rotherhithe peninsula currently undergoing a $4bn regeneration that includes thousands of new homes, along with a leisure centre, a public square, shops, offices and an improved primary school. The first phase of the project, just one stop on the DLR from Canary Wharf, by the developer British Land, which owns most of the 53-acre site, will deliver 265 homes, of which 87 will be affordable. A new red timber pedestrian bridge, spanning the lake where the former docks were, will link Canada Water train station with the new town centre. The first three buildings are expected to be completed in 2024. Existing homes are in abundance, with the average property price over the past year at $498,443.

The Times (21/04/2022)