Residential and mixed-use developer Galliard Homes, in collaboration with its joint venture (JV) partner City Developments Limited (CDL), has purchased the Morden Wharf development in Greenwich, UK.
The site was acquired from LandsecU+I and the Morden College charity.
This acquisition is the first official collaboration between Galliard and Singapore-based CDL, combining their total experience of more than 90 years.
Galliard executive chair Stephen Conway said: “Galliard Homes is delighted to announce our partnership with CDL, to provide much-needed homes within Greenwich. CDL’s worldwide reputation as an industry leader, marked by their commitment to delivering first-class development across numerous asset classes, aligns with our values.
“We hope this will be the first of many more future projects together. We thank LandsecU+I and Morden College for their active support and collaboration. We look forward to turning their exciting plans into a new landmark scheme for London.”
In September 2022, hybrid planning permission was obtained for the mixed-use scheme led by residential development.
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By GlobalDataLocated in the Royal Borough of London, the 13.8-acre project is set to include 12 blocks, reaching up to 36 storeys, with approximately 1,500 new residential units.
Residents will enjoy 360-degree views, including city landmarks such as Canary Wharf, the River Thames, and the Old Royal Naval College in Greenwich.
The project includes a 275m riverside frontage with an upgraded Thames Path and a 3.9-acre riverside park, guaranteeing green spaces for both residents and visitors.
An added riverside pier will provide access to the new Uber Boat by the Thames Clippers service, thereby expanding transportation choices in the locality.