Plans for one of the UK's largest mixed use development on the waterside next to Canary Wharf in London's Docklands have been submitted in a move that is expected to cheer the construction sector.
The Wood Wharf Consortium, a joint partnership between British Waterways, Ballymore Properties and Canary Wharf Group, is also embracing the current trend for green building.
The project on a 17 acre site for offices and 1,688 homes will embrace the latest sustainable regulations and include eco islands and nature walks.
'Our vision is to create a new world-class business and residential urban quarter set within an exciting waterside setting,' said Jason Larkin, Wood Wharf's executive director of planning. 'This will be one of the UK's largest mixed use developments and a leading example of sustainable waterside re-generation,' he added.
The project also encompasses a new high street, shops, cafes, restaurants and bars as well as a hotel, moorings and a new canal linking Blackwall Basin to South Dock.
Before it closed as a dock it was the major entry point for timber and had storage warehouses and space for ship repairs. 'It is rare for such a significant site like this to be available for development. It is at the heart of London's Docklands and next to Canary Wharf,' said a spokesman for Tower Hamlets council, the planning authority.