News

British Land reveals first look at Canada Water resi scheme

News

Akanksha Soni

11 January 2023

Residential

London

British Land has revealed the first pictures of the residential element of its Conran and Partners-designed scheme the Founding in Canada Water.

The development is part of the developers’ project in Zone 2 of south-east London, which is set to deliver a total of 3,000 new net-zero homes by 2030. The first residential phase of the scheme will launch in spring 2023.

The development will provide a range of studios, one-, two- and three-bedroom apartments, as well as upwards of 2m sq ft of office space and 1m sq ft of leisure, cultural and educational facilities.

Emma Cariaga, head of residential and co-head of Canada Water at British Land, said: “The apartments are in a prime location within the wider scheme, minutes from Canada Water station, overlooking Canada Dock, and positioned at the start of Canada Water’s new high street.

“These three elements represent the key appeal of Canada Water, an area that is surrounded by green space and water, yet moments from central London.”

Alex Carr, director in JLL’s residential development team, which is acting for British Land at the Founding, said: “As demand has shifted towards the ’15-minute city’ concept – where green spaces, employment hubs, retail, restaurants, and education are all situated within close proximity – the vision of the Canada Water masterplan, alongside the launch of the first residential phase in 2023, is highly anticipated.

“People are becoming increasingly convenience-led and therefore drawn to the idea of living in an evolving neighbourhood that is well-connected with easy access to transport, not to mention in a development that is well equipped with residents’ amenities. As a result, we expect high-interest levels in The Founding, which meets a lot of these requirements.

“New builds have continued to prove popular in 2022, with annual reservations up by 10% in the same period in 2021. As Canada Water continues to mature, we expect applicants (for homes to buy and rent) in the SE16 area to rise.”

To send feedback, e-mail akanksha.soni@eg.co.uk or tweet @AkankshaEG or @EGPropertyNews

British Land, JLL

British Land has revealed the first pictures of the residential element of its Conran and Partners-designed scheme the Founding in Canada Water. The development is part of the developers’ project in Zone 2 of south-east London, which is set to deliver a total of 3,000 new net-zero homes by 2030. The first residential phase of the scheme will launch in spring 2023. The development will provide a range of studios, one-, two- and three-bedroom apartments, as well as upwards of 2m sq ft of office space and 1m sq ft of leisure, cultural and educational facilities. Emma Cariaga, head of residential and co-head of Canada Water at British Land, said: “The apartments are in a prime location within the wider scheme, minutes from Canada Water station, overlooking Canada Dock, and positioned at the start of Canada Water’s new high street. “These three elements represent the key appeal of Canada Water, an area that is surrounded by green space and water, yet moments from central London.” Alex Carr, director in JLL’s residential development team, which is acting for British Land at the Founding, said: “As demand has shifted towards the ’15-minute city’ concept – where green spaces, employment hubs, retail, restaurants, and education are all situated within close proximity – the vision of the Canada Water masterplan, alongside the launch of the first residential phase in 2023, is highly anticipated. “People are becoming increasingly convenience-led and therefore drawn to the idea of living in an evolving neighbourhood that is well-connected with easy access to transport, not to mention in a development that is well equipped with residents’ amenities. As a result, we expect high-interest levels in The Founding, which meets a lot of these requirements. “New builds have continued to prove popular in 2022, with annual reservations up by 10% in the same period in 2021. As Canada Water continues to mature, we expect applicants (for homes to buy and rent) in the SE16 area to rise.” To send feedback, e-mail akanksha.soni@eg.co.uk or tweet @AkankshaEG or @EGPropertyNews Images © Cityscape and v1 (Visualisation 1)