Funding secured for Marsh Wall’s Madison

3rd February 2017

LBS Properties has secured a £135m senior development loan from ICG-Longbow to fund the construction of The Madison, a 53-storey residential tower at Marsh Wall, near Canary Wharf. Designed by Make Architects, the 187m hexagonal structure will house 423 luxury flats, 104 of them classed as affordable. Piling works are already underway, with the excavation of the basement and construction of the main concrete frame soon to begin. South Quay DLR station offers easy access to the City, while the Canary Wharf Crossrail station will provide a direct link to the West End and Heathrow Airport from 2018. The entire project is due for completion in 2020, with the development now over 35% sold.

Property Week (27/01/2017)   Construction Enquirer (02/02/2017)