Wood Wharf

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Template:Short description Template:Use British English Template:Use dmy dates Template:Infobox building

Wood Wharf under construction on 8 July 2015

Wood Wharf is a Template:Convert new-build mixed-use neighbourhood in London Docklands.<ref name="cwg">https://group.canarywharf.com/portfolio/wood-wharf/ Wood Wharf, Canary Wharf Group PLC, Retrieved 26 April 2018</ref> It is immediately east of Canary Wharf on the northern quayside of the South Dock of West India Docks.<ref name="CanaryWharf_MediaRelease_18Jan2012" /> Template:As of, it is partially completed, with several buildings currently under construction and some developments paused.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

Wood Wharf includes offices, high-rise and mid-rise residential buildings and retail space.<ref name="cwg" /> When complete, it is expected to contain around 5 million square feet of space, including 2 million sq ft of office space, 3,330 residential homes, Template:Convert of public spaces, and 380,000 sq ft of shops, restaurants, and amenities including a GP surgery, primary school and community centre.<ref name="cwg" /><ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

History

Wood Wharf was part of the Port of London's West India Docks. In 1989, the disused docks were transferred from the Port of London Authority to the London Docklands Development Corporation.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> In 1998, Wood Wharf was transferred to British Waterways,<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> and in 2012 the assets of British Waterways were transferred to the Canal & River Trust (CRT), who remain the freeholder of the main Template:Convert site.

Following the closure of the West India Docks in the 20th century, the Wood Wharf area was used for light industry and warehousing, becoming Wood Wharf Business Park. In the early 21st century, some units were repurposed for leisure and sports.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> The business park was sold by British Waterways to a joint partnership in financial year 2007–08. Canary Wharf Group plc purchased a 250-year lease for the site in January 2012.<ref name="CanaryWharf_MediaRelease_18Jan2012" />

Early redevelopment plans

In 2003, British Waterways issued a masterplan for a substantial, mixed used redevelopment of the site. The masterplan indicated a potential development size of Template:Convert commercial floorspace (offices, retail and restaurants), Template:Convert of residential use (approximately 1,500 units) and Template:Convert of hotel and serviced apartments. The masterplan was adopted by Tower Hamlets as interim guidance to support the current local plan.<ref name="TowerHamlets_Masterplan2003" /> In 2005, a consortium of British Waterways (50%), Canary Wharf Group (25%) and Ballymore Properties (25%) established the Wood Wharf Partnership to develop the scheme with Berwin Leighton Paisner as legal advisors.<ref name="TheLawyer_26Sep2005" />

In 2007, a new master plan was produced by Rogers Stirk Harbour + Partners.<ref name="rshp_website">Wood Wharf https://www.rsh-p.com/projects/wood-wharf/ Rogers Stirk Harbour + Partners LLP, Retrieved 26 April 2018</ref><ref name="rshp_masterplanning">Masterplanning 2017, Rogers Stirk Harbour + Partners, https://www.rsh-p.com/assets/publications/RSHP_masterplanning.pdf Retrieved 26 April 2018</ref> Tower Hamlets gave outline planning permission in October 2008.<ref name="Building_10Oct2008" /> The new master plan increased density, with more towers which were taller than in the previous plan. The plan aimed for at least one iconic residential tower and one iconic office tower, along with a glass-roofed high street hosting bars, shops, cafés and restaurants.

A reduction in demand during the 2008 financial crisis led to these plans being shelved,<ref name="FT_10Dec2013" /> as Canary Wharf Group did not wish to proceed until it had completed and let all developments in progress elsewhere in the docklands estate, including Riverside South, North Quay, Heron Quays West, and 25 Bank Street.<ref>http://www.leytonstonia.com/2010/12/with-jp-morgan-on-their-way-to-25-bank.html Template:Dead link</ref>

Final redevelopment plans

In January 2012, Canary Wharf Group took 100% control of the project, paying British Waterways £52.5 million for their 50% stake and Ballymore £38 million for their 25% stake.<ref name="Telegraph_18Jan2012" /><ref name="Guardian_18Jan2012" /> Under the agreement, Canary Wharf Group was granted a new 250-year lease from British Waterways, paying ground rent which will grow to £6 million per year.<ref name="CanaryWharf_MediaRelease_18Jan2012"/><ref name="OsborneClarke_20Jan2012" />

One Park Drive in 2021, one of the first apartment buildings to be completed.

Canary Wharf Group adjusted their strategy for the site to shift some emphasis from office developments to residential.<ref name="FT_10Dec2013" /> Initially Terry Farrell replaced Rogers Stirk Harbour + Partners in leading the masterplanning,<ref name="AJ_16Sep2012" /> and Herzog & de Meuron, Allies and Morrison and Stanton Williams were appointed as architects for various elements of the scheme.<ref name="CWG_24Jan2013" /> Eventually, Allies and Morrison produced the final masterplan, with Adamson_Associates as executive architect supported by Darling Associates, KPF, Herzog & de Meuron, Pilbrow & Partners, Stanton Williams Architects, Grid Architects, and Patel Taylor.<ref name="cwg" /><ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

The new masterplan included 30 buildings, comprising 4.9 million square feet of homes, offices and shops.<ref name=2014application>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref><ref name="DEL_11Dec2013" /><ref name="FT_10Dec2013" />

Tower Hamlets council granted planning permission in July 2014,<ref name=2014application/> and the scheme was approved by the Mayor of London in December.<ref name=2014mayor>Template:Cite news</ref> Permission required that around 25% of the new homes be affordable homes, and created a review mechanism to increase this allocation to around 40%.<ref name=2014mayor/>

Construction

Work on the Wood Wharf site was expected to start in autumn 2014, with the first buildings to be occupied at the end of 2018.<ref name="Guardian_22July2014"/> It was initially estimated to be completed in 2023.<ref name="cwg" /> A loan of £535 million was secured for the construction Wood Wharf Phase 3. Construction of the third phase has begun with completion of Phase 3 expected in Q1 2027.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref><ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

Reception

The development of Wood Wharf won the Property Week Placemaking Award in 2022,<ref>CWG’s Wood Wharf Wins Property Week Placemaking Award 2022 – 10.06.22Canary Wharf Group plc. 10 June 2022. Retrieved 24 December.</ref> and a silver award in the Best Mixed-use Development category in 2023 WhatHouse? Awards.<ref>CWG Wins Two Awards at the WhatHouse? Awards 2023 – 20.11.23Canary Wharf Group plc. 20 November 2023. Retrieved 24 December 2023.</ref>

Buildings

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Name Floors Residential units Completion Use Architects Image
One Park Drive 57 484 2022 Residential (private sale) Adamson Associates
Herzog & de Meuron
File:One Park Drive, Canary Wharf.jpg
40 Charter Street 53 552 citation CitationClass=web

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Residential (market rent) citation CitationClass=web

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File:40 Charter Street 20 May 2025.jpg
50–60 Charter Street 49 756 2025 (expected) Residential (market rent) citation CitationClass=web

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File:Wood Wharf - 50-60 Charter Street - May 2024 (1).jpg
7 Brannan Street 46 912 TBA Residential (student rent)<ref>Template:Cite news</ref> citation CitationClass=web

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10 Park Drive 42 345 2020 citation CitationClass=web

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citation CitationClass=web

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File:10 Park Drive.png
10 George Street 37 327 2020 citation CitationClass=web

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File:10GeorgeStreetCanaryWharf.jpg
70 Charter Street 29 2027 (expected) Residential (discount market rent) citation CitationClass=web

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30 Harbord Square 27 176 2021 Residential (discount market rent)<ref name=affordable/><ref>Template:Cite news</ref> citation CitationClass=web

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One Charter Street 20 279 2024 Aparthotel citation CitationClass=web

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15 Water Street 14 N/A 2021 citation CitationClass=web

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20 Water Street 14 N/A 2021 citation CitationClass=web

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8 Water Street 13 174 citation CitationClass=web

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Residential (market rent)
Ground floor retail
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File:Amazon Fresh Exterior, Canary Wharf.jpg
3 and 15 West Lane 13 297 2025 Aparthotel citation CitationClass=web

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8 Harbord Square 12 82 2024 Residential (private sale) citation CitationClass=web

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50 Harbord Square 12 76 2021 citation CitationClass=web

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Retail and community facilities

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65 Harbord Square 11 67 2021 Residential (social rent)<ref name=affordable/>
Retail and community facilities
Patel Taylor<ref name="HDA"/>
13 Brannan Street 9 72 2027 (expected) Residential (affordable)
Retail and community facilities
citation CitationClass=web

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20 Brannan Street 4 N/A 2022 citation CitationClass=web

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See also

References

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