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Canada Water development to go forward

Canada Water development to go forward

British Land has announced that it will be conducting a major development at Canada Water in the London Docklands.The mixed-use scheme will include a combination of residential flats, as well as all the amenities that would be expected in a self-contained town centre. The development will be spread over 46 acres, and created in several phases.It is based around the old Canada Water docks, which ended operations in 1969, and also includes the Surrey Quays shopping centre, the former SE16 Daily Mail and General Trust printing works and a park.Chris Grigg, British Land’s chief executive, said that the development was intended to “cater to a wide range of modern needs”.British Land has said that it will apply for planning permission next year, with the aim of starting construction in 2017. While the project will include some tower blocks, parts of the area are not permitted to have high-rise buildings due to rules that protect the view of St Paul's from Greenwich.The company has appointed Roger Madelin, who has previously worked for rival developer Argent, to lead the project.Mr Madelin said:“The combination of the physical opportunity at Canada Water, working with British Land and with the thoughtful and ambitious London Borough of Southwark was an opportunity too exciting to turn down.He had previously worked on the extensive redevelopment of King’s Cross, which has now become the home of major international companies such as Google.Mr Grigg welcomed Mr Madelin’s appointment to the Canada Water scheme and said: "Development is a core part of our business: we are very focused on areas of London which will benefit from growth and regeneration. Canada Water provides an exceptional and exciting opportunity to create a mixed-use scheme with office, retail, residential, leisure and community space.“Roger Madelin is a highly experienced developer and brings enormous experience of delivering major mixed-use developments. Placemaking lies at the heart of what we do and I look forward to working with Roger to create a vibrant new destination for London that caters for a wide range of modern needs." 

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