First trio of major build deals signed for London Canada Water

Posted on November 18th, 2021 by admin

Developer British Land has signed the first major building contracts for the vast Canada Water regeneration scheme in London.

First three buildings in phase one of London's Canada Water regeneration scheme
First three buildings in phase one of London’s Canada Water regeneration scheme

Wates, Mace and McAleer and Rushe have secured the first three jobs which are together worth up to £300m.

Enabling works are underway at British Land’s 53 acre, mixed-use scheme in Southwark, which will deliver up to 3,000 homes.

The first three buildings will be net zero embodied carbon calling for innovative new approaches. Operational carbon will be reduced by using electricity rather than gas for heating.

On the largest contract, the A1 tower secured by Wates, heat will be recycled from offices into the building, which British Land said was an industry first.

First Phase 1 buildings at Canada Water

  • Wates contract – Plot A1 – a 270,000 sq ft tower for 186 build to sell homes

Adjacent to Canada Water station, plot A will consist of a 5-storey podium and 35 storeys of housing above

Mace contract – Plot A2 – a 250,000 sq ft office-led project including a 56,000 sq ft leisure centre

Offices and leisure situated next to the new residential tower

McAleer contract – Plot K1 – a building solely for 79 affordable homes. 

K1 plot plan for affordable housing designed by architect Morris + Company

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