Southwark Council approves plans for Canada Water mixed-use scheme in UK

WCN Editorial Team 2 Oct 2019 EUROPE BUILDINGS

Property development and investment firm British Land has secured planning permission from the Southwark Council Planning Committee for the 53-acre, mixed-use scheme at Canada Water in London, UK.

The Canada Water mixed-use scheme will deliver around two million ft² of workspace to accommodate around 20,000 jobs; around one million ft² of retail, leisure, entertainment, education and community space; and around 3,000 new homes.

Planned for completion in 15 years, the masterplan site will comprise Surrey Quays Shopping Centre, Surrey Quays Leisure Park, the Printworks and the former Dock Offices courtyard.

British Land chief executive Chris Grigg said: “We have an incredible opportunity at Canada Water to create a vibrant neighbourhood for people to live, work and enjoy.

“We’re hugely excited about delivering this exceptional, mixed-use and sustainable landmark development, which has been designed to support people’s wellbeing. We thank the Council for all their hard-work and we look forward to continuing to work with them and the local community.”

The permission also covers the delivery of the first three new buildings in the overall masterplan, which include 265 new homes, a leisure centre, new public spaces, 330,000ft² workspace and around 2,300 jobs which could be delivered by 2024.

The project’s Building A1 will provide both residential and workspace while Building A2 will be workspace and a new leisure centre. The third building, K1, will be wholly residential.

Southwark Council Leader said Peter John said: “We are delighted that this major step towards our vision for Canada Water has been approved.

“The Masterplan provides the blueprint for an exciting new town centre that will provide thousands of new homes, particularly hundreds of new social rent homes, new jobs and opportunities, new open spaces and a brand new leisure centre for Rotherhithe in the first phase of the work.

“We look forward to working with British Land over the next few years to bring forward the plans and making sure our local residents are the beneficiaries of the opportunities the regeneration will provide, as laid out in the Canada Water Social Regeneration Charter.”

Image: Illustration of Canada Water mixed-use scheme in UK. Photo: courtesy of British Land.

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