FEC starts work on £470m Canary Wharf scheme

FEC is starting work on Consort Place, a £470m development located between Canary Wharf and the Isle of Dogs. Formerly known as Alpha Square, the project will provide 495 new apartments, as well as a 231-room four-star hotel and health centre. Consort Place project director for FEC, Bruno Almeida Santos, said: “The area is known as one of London’s major financial districts and, as a developer, FEC saw scope to add to the local lifestyle by incorporating a range of on-site amenities for residents, visitors and local people. We believe that a responsible development such as this should put community at its heart to help it grow and thrive”. Work on the development, which will be spread across two tower buildings of 65 and 35 storeys, begins this month, with completion scheduled for late 2023.

Property Week (11/10/2019)   bbg