Wood Wharf - Canary Wharf - More than 3,000 new homes coming up!

London Borough of Tower Hamlets gives outline permission to 30 new buildings in London's Docklands, including over 3,000 new homes.

Artist impression of the new buildings on Wood Wharf.

Here is a screenshot from Google Maps, showing the Wood Wharf area.  This area is just east to all the existing buildings in Canary Wharf.  Completion of first phase will coincide with Crossrail in 2018.

The total Wood Wharf scheme will provide 2.6m sq ft of residential, including 3,100 new homes, 1.9 m sq ft of offices focussed on the creative media, technology and telecommunications sector, more than 100 shops, restaurants and cafes, a primary school, an NHS medical centre, a community centre, a hotel and a network of parks and public squares.

Further artist impressions.

Interesting Area?
Most definitely yes!  We have a unit at Lanterns Court, which is further south.  This unit has done extremely well in terms of rentals.  Zero voids.  It must be a great draw to be able to walk to work.  This area will definitely be hot.  Good investment potential for medium to long term.

Price?  Don't know yet, but it won't be low.   We will wait and see.

There will be this very tall iconic building.  It would be very interesting to see the actual design when finalized.  I believe this would be a very tall residential tower.

More buildings.

Happy Investing!