Wates wins third Greenwich Peninsula resi block

Wates Construction has landed a £76m apartment scheme at Greenwich Peninsula for developer Knight Dragon.

The building, designed by architects Pilbrow & Partners, is the firm’s largest build on the vast residential scheme to date, after winning two previous residential projects.

The latest job will comprise a 32-storey tower with a seven-storey podium at its base containing 269 private and affordable social apartments. It is due for completion in spring 2017.

Located on plot 104, the new apartments form part of phase two of a major programme of works to deliver 10,000 new residential units on the Greenwich Peninsula – one of the largest regeneration schemes in Europe.

Wates previously won contracts for 201 flats on plot 114, after Willmott Dixon dropped out as lead contractor, and 144 flats on plot 115

The builder also completed a new marketing hub for the large site last year

Mark Tant, managing director, Wates Construction, London Residential, said: “This contract marks another milestone reached in this ambitious regeneration scheme and demonstrates our ability to deliver large-scale high-rise residential projects that add to the changing landscape of the capital.”

Richard Margree, Chief Executive of Knight Dragon, added: “This is a vital site for London to provide homes for people who want to live and work in the capital.

“Knight Dragon has invested £500m so far and is committed to delivering a vibrant and viable development.  We already have 1,300 homes under construction, with 500 to be completed in the next few months.”

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