Canary Wharf Group has got the thumbs up for a striking residential tower at the estate’s new phase, formerly known as Wood Wharf.

Tower Hamlets Council granted detailed planning for the 57-storey building accommodating 468 flats ranging from studios to large three bedroom family units.

The cylindrical skyscraper will be built at a prominent waterfront location on the edge of South Dock, directly to the east of the existing Canary Wharf estate.

Designed by architects Herzog & de Meuron the building will be the lead project in the wider development of a 4.9m sq ft mixed use, waterside community providing over 3,200 new homes, nearly 2m sq ft of offices and a further 335,000 sq ft of shops, restaurants, school and landscaped parks and walkways.

Sir George Iacobescu, chairman of Canary Wharf Group, said: “This decision is a major step in the progression of the new phase, a development that will broaden and extend the Canary Wharf estate, adding to its vibrancy and continually expanding cultural, community and commercial offer.”

The permission comes just days after the launch of Canary Wharf Group’s first ever homes, at 10 Park Drive, adjacent to the Herzog & de Meuron tower.

A Stanton Williams designed building, 10 Park Drive is a mid-rise 13 storey building adjoining a 42 storey tower, together containing 74 studios, 115 one-bedroom apartments, 141 two-bedroom apartments and 15 three-bedroom apartments.

Laing O’Rourke has won a £135m contract to deliver the shell and core for Berkeley Homes’ residential skyscraper next to Canary Wharf in London Docklands.

The scheme will involve the demolition of a 1980s block on the South Quay Plaza site on the Isle of Dogs to build a 68-storey and 36-storey building.

A preconstruction services agreement is due to complete in April 2016 with work officially getting underway in October 2016.

The firm was up against Brookfield Multiplex for the job, which had previously worked for Berkeley Group on its St George tower on London’s south bank.

The job confirms Laing O’Rourke’s place in the London high-rise sector after building the Cheesegrater building and its Expanded arm’s  £40m concrete package with Berkeley Group on the 250 City Road tower, where the house builder is also main contractor.

The slender main tower at South Quay Plaza will rise to 220m with a floor plate of two intersected squares, to maximise views across London for each of the luxury flats.

This will be built in phase one with the smaller twin building pushed into a second construction phase.

In total, 888 homes are planned in all, including 188 affordable properties.

The shell and core works will complete by July 2020 with the building handed over to residents in four phases during 2020/2021.

Work on phase two will start in April 2018.

In total, the buildings will require around 65,000 cu m of concrete and 60,000 sq m of cladding.

The structural and M&E engineer on the job is WSP.

Developer Lulu Group International has bought 1- 5 Great Scotland Yard from Galliard Homes for £110m.

The Abu Dhabi based firm is led by Yusuffali Kader who is one of India’s richest men, with a personal worth of ￡1.8bn.

Lulu Group will now oversee the completion of plans to spend £50m turning the original Scotland Yard Police Station into a 92,000 sq ft 5-star hotel within the refurbished Edwardian building.

Steigenberger Hotel Group has been selected as the hotel operating company to create The Great Scotland Yard hotel.

An adjoining Grade 2 Listed Victorian townhouse will be incorporated into the hotel and used to create an entertaining suite.

The completed hotel will be seven storeys high with two basement levels and will retain the grand Edwardian Imperial red brick and stone facade.

The hotel is scheduled to open in Q1 2017 and will provide employment for up to 250 full time staff.

Construction on site by McAleer & Rushe is now 30% complete with the interior fit out scheduled to start in March 2016.

Puneet Chhatwal, Chief Executive Officer of the Steigenberger Hotel Group said: “This iconic 5-star hotel will mark the entry of the Steigenberger brand into the vibrant and world-renowned London hotel market.

“Our vision is to create an outstanding 5-star hotel drawing on our reputation for quality and service combined with the outstanding central location, grand architecture and fascinating history of Great Scotland Yard.”

Don O’Sullivan, Managing Director of Galliard Homes said: “Galliard Homes is delighted to have reached an agreement with Lulu Group International to create a bespoke 5-star hotel in the heart of London’s Whitehall.

“Steigenberger Hotels & Resorts were chosen as the operator because of their reputation for perfect hospitality, quality and outstanding customer service.  The Great Scotland Yard Hotel will be a brand synonymous with exceptional service and refined luxury and quality.”

Between 1829 and 1890 Nr1 Great Scotland Yard formed part of the headquarters of the newly founded Metropolitan Police force.

It was here that the famous Plaistow Marshes (1864) and Jack the Ripper (1888) crimes were investigated and Scotland Yard was made famous by novelists including Charles Dickens and Sir Arthur Conan Doyle.

McLaren Construction has walked away from a £130m mixed-use scheme near Finsbury Park station in North London.

Demolition work started in March after McLaren was named as preferred bidder on the City North job by joint venture clients United House and landowners the Business Design Centre.

The clients have now gone back out to the market to re-tender the scheme after detailed contractual discussions broke down with McLaren.

Robert Jenkins, Project Director for City North said: “Following discussions between the developers, City North Finsbury Park Ltd and preferred bidder, McLaren Construction; the two parties have been unable to agree all contract matters and have mutually agreed to part on the project.

“We are absolutely committed to the delivery of a development of the highest quality that will transform Finsbury Park and bring new focus and energy to the area, and hope to make an announcement in the near future about the delivery and completion of the scheme.”

The City North scheme will see construction of of 308 one – four bedroom private apartments in two 21 storey buildings.

Works will also include 47 affordable homes and 10,776 sqm of retail, office, restaurant and leisure space.

One rival contractor said: “No-one is really sure what happened here.

“McLaren were all sorted then things seemed to have fallen apart and the job is back on the market again.”

McLaren declined to comment

Singaporean property developer Oxley Holdings has acquired a 20% stake in Galliard Homes for £50m.

Oxley operates in Singapore, across South East Asia, the UK and Ireland.

Its current portfolio of developments includes Royal Wharf in East London.

Oxley is keen to strengthen its presence in the booming London property market

It said: “The partnership with Galliard Group will see Oxley capitalizing and leveraging on Galliard Group’s construction and property development expertise and operating network and contacts in the UK.”

Galliard Homes presently has over £1.6bn worth of forward sales, with nearly 6,000 residential units under construction. The group has sites in planning with a completed value of £2bn.

Mr Ching Chiat Kwong, Chairman & CEO of Oxley said: “This investment marks our strategic alliance in London with a leading well-established and reputable property developer – Galliard Group.

“Galliard has a well proven track record and this acquisition signals our confidence in the UK property market and London in particular.

“We look forward to leveraging this partnership in a variety of ways and hopefully complement our future developments in London.”

Stephen Conway, Chief Executive of Galliard Homes said: “We believe this milestone transaction by Oxley will create business opportunities for both Galliard and Oxley. The synergies are obvious.

“Galliard is a London-centric developer that has a strong selling profile in Singapore.

“Oxley is a dynamic Singapore-based property developer with a rapidly growing London presence.”