Up-and-coming Rotherhithe has been given another big boost with planning consent for a 1,030-home scheme by Shard developer Sellar Property Group.
Award-winning international architect David Chipperfield is the creative force behind the project — five buildings, one a 40-storey tower — which will bring restaurants, shops and recreational space around a new public square and dock basin.
The old docks district is enjoying a second wave of regeneration, with its fortunes being transformed by the creation of a bustling new waterfront zone next to Canada Water Jubilee line station — a key midway point between Canary Wharf and the West End, and an interchange on the East London line, providing quick access to Shoreditch and Dalston.
A new library in the shape of an inverted pyramid recently opened and coming soon is a makeover of the Surrey Quays shopping mall.
Rotherhithe Street is lined with warehouse developments that are 25 per cent cheaper than Shad Thames, according to local estate agent Kinleigh Folkard & Hayward.
Barratt has a big presence in the area and has launched Redwood Park alongside Russia Dock Woodland. Prices from £312,000. Call 0844 811 4334.