10th July 2015
Canary Wharf is changing from a workplace to a living district. An ambitious building programme is being launched, with thousands of new homes, most of which will be ready in 2018 to 2020. The 10 Park Drive development launched this week, the first residential scheme within the estate boundaries. This is the initial phase of a 23-acre, 3,200-home neighbourhood called Wood Wharf. Hundreds queued to register for the chance to purchase one of the 345 properties spread across two towers of 42 storeys and 13 storeys, even though the first phase is not expected to be complete until 2019. Joe Selby, a junior director of property consultants CBRE, is confident that Canary Wharf and east London are attracting buyers who do not want to commute. “The next 30 years will be just as exciting,” he adds.
Evening Standard (08/07/2015) East London Advertiser (09/07/2015)