Vertus, a full-service build-to-rent operator belonging to the Canary Wharf Group, has topped out Newfoundland, a diagrid structure on the Canary Wharf estate, which will be the UK’s tallest build-to-rent development.
The tower, which has reached its full height of 220m (729ft), will comprise 636 private rented apartments.
One of the first build-to-rent schemes on the Canary Wharf estate, Newfoundland will offer panoramic views of the capital through floor-to-ceiling windows.
Designed by Mayfair-based architects Horden Cherry Lee, the building’s transparent, diamond structure will have sloped, sculpted sides and an external frame providing spacious homes.
The apartments, ranging in size from 429ft² to 1,819ft², will provide studio, one-, two- and three-bedroom accommodation, which will be available fully-furnished through Vertus.
Residents will have access to a range of onsite facilities, including a private dining room, residents’ lounge, gym, virtual fitness studios, children’s play area and terrace garden.
The first floor of the 60-storey building will house a 10,000ft² M Restaurant and Grill.
Apart from Newfoundland, the Vertus portfolio includes a 327-apartment scheme at 10 George Street and 174 apartments at 8 Water Street, both located in Canary Wharf’s new residential district, Wood Wharf.
Construction began in 2015, and since then, more than 300 piles have been installed, with several reaching 60m deep.
More than 18,000m³ of spoil has been excavated to create the basement. Over 14,000m² of pre-cast concrete plank and 9,500 tonnes of structural steelwork have been erected for Newfoundland to reach its full height.
Newfoundland is set to be completed in the second quarter of 2020 and the apartments are expected to be available for rent from July 2020.
Vertus head Alastair Mullens said: “To reach topping out of the building is a significant milestone in the construction process. Set to fully complete at the beginning of 2020, it’s fantastic to see the building taking shape and cement its place amongst some of the most iconic buildings in London.
“Whilst the exterior is visually striking, the interiors will be of the highest quality and set a new standard in the build-to-rent sector. Newfoundland will meet a growing demand for dedicated rental properties in Canary Wharf.”
Image: Vertus tops out UK’s tallest build-to-rent tower on Canary Wharf estate. Photo: Courtesy of Canary Wharf Group PLC.