Arrowhead Quay, Canary Wharf by Ballymore - 500M to Canary Wharf Tube

Ballymore has announced that they are looking for joint venture partners to develop three largescale waterside residential developments in London.  One of these developments is Arrowhead Quay, Canary Wharf.

The finalised design proposes two slim towers of 50 storeys (172.4m AOD to top of plant screen) and 55 storeys (188.4m AOD to top of plant screen) in height, to provide a residential-led mixed-use scheme. There will be a total of 792 residential units.  As expected, there will be penthouses on both towers (surely very expensive!)

The towers have been carefully designed so as not to appear as one single mass, however they will be linked at ground floor level with a double height, glazed lobby.

The towers contain:
 • Private and Intermediate residential units;
 • Ancillary residential indoor and outdoor amenity space including podium level amenity space and sky garden, a gym/swimming pool, cinema, residents’ lounge, business suite; and
 • Ground floor retail units and café.

The amenity space proposed at podium level (located at the second floor) provides both communal residential space as well as child playspace. A sky garden is proposed at level 53 of the east tower. Private balconies are provided for all residential units. Further amenity space is provided at ground floor in the form of a publicly accessible ‘western garden’.

Location
The site is bounded by Marsh Wall to the south, the Britannia International Hotel to the west, the Docklands Light Railway (DLR) to the east and West India South Dock to the north.

Zooming out a bit more, the location is very good, even nearer than Dollar Bay Tower, Canary Wharf.

This aerial photo shows you the plot - the red part.

Transport Links - Excellent

• Canary Wharf Station on the Jubilee Line Extension, approximately 500m from the Site
• Future Crossrail station approximately 600m from the Site (2017/18)
• DLR at South Quay Station located approximately 220m east of the Site;
• DLR at Heron Quays Station located to the north of West India South Dock;
• Several bus services within approximately 300m (5 minutes walk) from the site.

Pricing?
Ballymore is now in the midst of looking for a JV partner.  So this project is not about to be launched anytime soon.  However, given the type of pricing seen in Dollar Bay, this one will surely be priced even higher.  Perhaps they hope to entice some rich Chinese developer to partner with them.

Views?  Do share them on our community forum.

Happy Investing!

Royal Wharf Location 20 Minutes to Custom House

In recent times, we have observed claims with regard to transport links on London advertisements in our local papers that we have some issues with. Let us use this recent newspaper advertisement on Royal Wharf, by way of example.

The advertisers claim that the is "only 10 mins walk to Custom House, future Crossrail station." Yes, the future Crossrail station will be at or very near Custom House. That is confirmed. However, is the walk only 10 minutes?

Misleading Claim
In my other blog post on Royal Wharf here, I have shown you that Custom House is at least 1.5km away from the Royal House site. To cover 1.5km in 10 minutes, you need to run at 9km/h. What is the average walking speed? I would say 3 to 4 km/h, 5 - 6 km/h if you are walking briskly. Anything above 6km/h, you are jogging. At 9 km/h, you can complete your 2.4km in 16 minutes. (Speaking of which, when was the last time you ran 2.4km?)

Transport for London Journey Planner - www.tfl.gov.uk
This is a great place to share with all our readers a very important official resource when you are looking at London properties - the transport for London journey planner. This planner integrates all the public transport networks, including Tube, DLR, Trains, buses and even by foot.

See the following screenshots for Pontoon Dock to Custom House.

Journey via DLR takes 12 minutes.
Journey by foot takes 20 minutes!

Click on details for the DLR route. You need to change trains at Canning Town DLR. So, remember, it is not a through train from Pontoon Dock to Custom House.

Next, click for details on the foot journey. It clearly states the time to take 20 minutes, which is double what the ST newspaper advert informed readers. Click on the map details to see the exact walking route.

Conclusion - Caveat Emptor
Let the buyer beware! You would notice the adverts usually carry disclaimer clauses. In this advert, the small print says, "Whilst every care has been taken in preparing these particulars, the appointed agents and the respective vendors/landlords give no warranty, express or implied, as to the completeness or accuracy of the information contained herein."

We encourage interested readers to use the free official Transport for London journey planner to test out the other claims in the same advertisement, as well as other advertisements on London properties you see.

Is Royal Wharf 12 minutes to Canary Wharf? Is it a direct route?

is Royal Wharf 20 minute to Bond Street? Is it a direct route?

DLR Map (See where Pontoon Dock is?)