Sunday, April 13, 2014

Convoys Wharf - Deptford, Upcoming Development by Hutchinson Whampoa

This is an exciting upcoming Thames river-facing project, by Hutchinson Whampoa (和記黃埔有限公司) (Hong Kong). In my previous blog post, I updated that the planning process had taken too long and the site had been left derelict for 14 years. The Mayor of London has intervened to push the project ahead.



Location - Where is this place?
London borough of Lewisham, just south-west of the Isle of Dogs.  Let's take a look at the maps.

The big red square in the middle of this map is Canary Wharf, which is growing and doing very well.  The small green square across the River Thames marked with 'CW' is the 40 acre site for Convoys Wharf.  The distance from Convoys Wharf to Canary Wharf is about 2 km, as the bird flies.


A closer look at the Convoys Wharf site.  A very historical site.  All this history may have contributed to the very strong opposition against developing high-rise luxury towers in this area.  The high rise towers would have wonderful views of Canary Wharf.

Transport Links 
Not great at the moment.

Deptford railway station should be within walking distance of the development.  However, this is the suburban rail, and not the Tube.

My guess is that there will be river buses or river boats that operate right from the Convoy Docks, to bring residents directly into Canary Wharf.  Such services already exist, they just need to create a new stop at the Convoys Wharf area.  This pdf shows existing river bus operations.

Not much more to write about at this moment.  It will still take a while before the project is launched. Right now, we don't know what the pricing will be like.

Happy Investing!

Important Disclaimer - . The views contained in this blog and blog post are entirely mine. We cannot be made responsible for any investment decisions you may, or may not, take. Nothing in this blog can be construed as professional investment advice, as we are NOT professional investors and we are ill qualified to give you any advice.  Read the blog at YOUR own risk

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