Chinese firm plans towers in London

Chinese firm plans towers in London

Chinese government owned developer Greenland Group is to build a new residential tower block in London’s docklands and redevelop the old Young’s Ram brewery site in Wandsworth in projects valued at around £1.2Bn.

 

The Ram brewery development has been confirmed following acquisition of the site, which has planning permission for 661 homes and 9,500 square metres of commercial space, from property developer Minerva. Hundreds of jobs will be created during construction, according to Wandsworth council.

 

The Docklands scheme, estimated to be worth around £600 million, came to light when London Mayor Boris Johnson revealed on a radio programme that Greenland planned to build a tower higher than the Canary Wharf tower, although this has not been confirmed by Greenland.

 

The Wandsworth scheme will include a 36 storey residential tower as well as shops, restaurants, a microbrewery and a brewery museum on what was thought to have been Britain’s oldest continually operated brewery site, with a history going back to the 16th century.

 

Greenland Group is said to be one of the most ambitious Chinese property companies in the international market. As well as having projects under way in 65 cities in China, including a 636 metre high building in Wuhan which will be one of China’s highest, it is active in six other countries and international development plans include a US$500 million residential tower in Sydney and a $1Bn scheme in Los Angeles.   

  

Greenland’s President and Chairman Zhang Yuliang said: “London is the global financial centre as well as the most open and diversified city that enjoys the most mature economic development, making it the first option for our investment in Europe.”

 

Artists Impression of Wandsworth project courtesy of Delancy

Please rate

Comments 

Name
Email
  Ctrl + Enter

Most Read

Crossrail Elizabeth line to open on 24 May 2022

Crossrail Elizabeth line to open on 24 May 2022

The Elizabeth line will transform travel across London and the South East by dramatically improving transport links, cutting journey times, providing additional capacity, and transforming accessibility with spacious new stations and walk-through trains. The Elizabeth line will initially operate as

HS2 site acquisition paves way for Manchester high speed station

HS2 site acquisition paves way for Manchester high speed station

HS2 Ltd has reached an agreement with Bruntwood, one of the UK’s leading property providers, to purchase Square One on Travis Street in readiness for construction of Manchester’s brand new high speed railway station.   The sale marks HS2’s second major property acquisition

Alun Griffiths wins A4119 upgrade

Alun Griffiths wins A4119 upgrade

Alun Griffiths has been appointed to widen the A4119 to dual carriageway from Coed Ely to Ynysmaerdy.   The main construction phase is on course to start on site in late summer 2022.   The A4119 project is designed to improve connectivity and encourage economic activity into the

This website uses cookies to enhance your user experience. By continuing to use this site, you consent to our use of these cookies. See our Cookie Policy.