Property developer U+I has secured approval from the planning authority for riverside residential tower cluster on Greenwich Peninsula in London.
The £770m Morden Wharf scheme with 1,500 homes is spread across 12 buildings ranging from 6-37 storeys.
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The second tallest tower of the scheme will include a tapering base, enabling more space in the public realm.
The housing scheme will be a combination of private sale, social rent and shared ownership.
It will be built in over six acres of public space including a four-acre park opening up over 275m of Thames riverfront that includes a river beach.
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This approval is considered to be an important milestone for U+I. It is the third planning success after two other core regeneration schemes at Landmark Court and Phase 1 at Mayfield.
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By GlobalDataU+I chief executive officer Richard Upton said: “We are delighted with the planning decision at Morden Wharf, providing a blueprint to deliver a distinctive mixed-use neighbourhood opening up 275 metres of Thames riverfront.
“This includes much needed new homes, innovative office and creative space, as well as beautiful green landscape and community space. Our scheme will support thousands of new jobs and deliver £42m of benefit to the local community each year.”
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The housing scheme will be a combination of private sale, social rent and shared ownership. Credit: Foundry Co from Pixabay
