With approximately 500m of direct south facing river
frontage, Royal Wharf offers high-quality waterside living
with stunning panoramic views. The scale of Royal Wharf offers the potential to create a
new great estate for London. Not only does Royal Wharf
offer a stunning south facing riverside promenade, but also
has at its heart a new vibrant high street connecting parks
and squares. There are s
tunning apartment buildings
offering unrivalled views of the Thames, terraced mansion
blocks offering generous family sized apartments and
a range of townhouses with tall ceilings and stunning
private gardens. The development will consist of 3,385 homes in total,
a beautiful riverside walkway, new streets, connecting
parks and squares, as well as new apartment buildings
with views of the River Thames, a new school, shops,
offices and riverside restaurants, catering for a population
that is estimated to reach 10,000 by completion. Since the transformation of Canary Wharf into one of
Europe’s most powerful business districts, London’s
centre of gravity has been moving east, a shift recently
consolidated with the success of the 2012 Olympics. Royal Wharf has excellent transport links into the heart of
London via the Docklands Light Railway, a new Crossrail
station (opening in 2018), and international connections
from London City Airport and boat links from a proposed
brand new pier. The Mayor, Boris Johnson, recently announced details of
a £1bn deal to transform London’s historic docklands into
the capital’s next business district, forging new trade links
with China and other economies in the Asia-Pacific region
and securing billions of pounds of inward investment in
the UK economy. The 35 acre site will be development by
ABP China and will see the creation 2.5 million square feet
of office space in total, 600,000 square feet of which is due
to open in 2017. The deal will re-instate the Royal Docks as a commercial
and trading centre for the 21st century, delivering around
20,000 full-time jobs and boosting local employment in
Newham by 30 per cent. When complete the site will
become London’s third business district and, according
to initial projections, be worth £6bn to the UK economy,
generating £23m in business rates annually and acting as
a catalyst for further development in the area. The largest development of its kind in the UK, the stateof-
the-art business district will act as a platform for
financial, high-tech and knowledge driven industries
looking establish and drive forward their business in UK
and European markets. The deal represents one of the
first direct investment by a Chinese developer in London’s
property market and will eventually be home to over 3.2
million square feet of high quality work, retail and leisure
space, including 2.5 million square feet of prime office
space, creating a new, vibrant 24/7 district on London’s
waterways.
