Planners at Tower Hamlets council have been asked to approve a 784ft residential skyscraper with 75 floors containing 822 flats, plus shops, a gym, library, play and party areas, a cinema and a glazed roof terrace offering fabulous views.
Designed by top London architects Squire & Partners for Chelegrove Properties, the tower, at Westferry Road, would be 14ft taller than nearby 1 Canada Square, though at 1,016ft, the Shard would remain London’s tallest building.
A third of the proposed 822 new homes will be reserved for Tower Hamlet’s low income buyers.
Canary Wharf is increasingly being predicted as a property hot spot with its high profile being provided by a new Crossrail station giving direct services to the City, the West End and Heathrow by 2018.
The proposed development would form an integral part of the cluster of buildings to the north of the Isle of dogs.
Tower Hamlets Council’s strategic development committee is expected to approve the project at a meeting on Thursday June 13. Council officers who support the proposals believe it would provide a high quality, well-designed mixed-use scheme, including much-needed market and shared-ownership housing.
A recent report by Jones Lang Lasalle forecasts mainstream new-build prices will grow by 41 per cent by 2018.
The impact of London’s new towers on views of the city’s key landmarks is being discussed by Unesco this week.