With several developments heavily promoted at home and abroad in the last six months, the iconic Canary Wharf is stepping back into the limelight.
E14 is emerging as a leading prime London residential market, a status reinforced by a recent study published by the Knight Frank Residential research.
Banks, media companies and professional services have their headquarters in Canary Wharf which is one of the primary business hubs in the world. The number of employees in the district has grown from 27,400 to 100,500 between 2001 and 2011. During the same period the population in Canary Wharf increased by 89%.
The number of new developments under construction or with full planning means further growth and a radical transformation of the area.
Key Canary Wharf developments:
- Canary Wharf Residential by Canary Wharf Group
- Baltimore Wharf by Galliard Homes/ Ballymore
- South Key Plaza by Berkeley Homes
- Wardian London by Eco World – Ballymore
- Newfoundland by Canary Wharf Group
- Providence Tower by Ballymore
- Dollar Bay by Mount Anvil
The report highlights the fast improving infrastructure and amenities that will cement the area’s reputation as a prime London residential address. Canary Wharf is already served by the Jubilee line, Docklands Light Railway, and is getting ready for the opening of Crossrail which will be fully operational from late 2018. The Canary Wharf Estate manages a successful cultural programme calendar hosted on the Estate and will be opening a new primary school to appeal to growing families in the area.
With London’s economy shifting eastwards, and with so much going on in Canary Wharf itself, the wider E14 property market is yet to fill in those media property pages.
For more details and about new developments in Canary Wharf please contact JOHNS&CO today: firstname.lastname@example.org;
Canary Wharf Office: T +020 7118 0200
New Providence Wharf Office: T +020 7118 0343