Greenwich Peninsula to be returned to a post-industrial landscape

Part of the Greenwich Peninsula in London is set to be transformed, driving growth and employment while creating 1,500 new homes.

A new project is underway with developer U+I working with the Office for Metropolitan Architecture (OMA) to deliver plans for Morden Wharf on the Greenwich Peninsula, close to the O2 and formerly the site of the Tate & Lyle glucose refinery.

U+I wants to create “a vibrant community rooted in the 19 acre site’s heritage with public space at its heart”. The developer’s plans include creating a mixed use site covering 26,000 sq ft, on which 11 residential buildings will range from six to 37 storeys to provide 1,500 new homes of which 35% will be affordable units.

Cutting carbon emissions

Cutting carbon emissions is a priority and the Morden Wharf development will include heat pumps and solar energy. The entire design of the site has been influenced by the Peninsula’s industrial heritage.

Richard Upton, U+I’s chief development officer, said: “We will deliver a scheme that not only opens up and transforms the area into a green mixed-use development, but also drives growth and employment, and delivers much-needed homes.”

Morden Wharf meeting the needs of a modern generation

U+I is set to submit a planning application imminently, after receiving public feedback on the proposals.

Currently, local stakeholders are in consultation with the group about the full scope for Modern Wharf to include a new 3.5 acre riverfront park and the refurbishment of an old jetty, a riverfront bar or restaurant, shops and a children’s nursery.

The proposed development also includes a public square for markets and an underground car park, as well as retail and commercial space aimed at providing units for small creative businesses and access to the Thames Clipper service with improved transport links.

OMA partner Reinier de Graaf said: “We have also looked back further, to the original marshland landscape of the peninsula, and in creating the park and public realms we are seeking to return the post-industrial landscape to a more natural and ecologically diverse condition, reminiscent of the site’s original condition. Our design has been influenced by the industrial heritage of Greenwich Peninsula.”

Self-certified Sophisticated Investor

Please read

I declare that I am a self-certified sophisticated investor for the purposes of the restriction on promotion of non-mainstream pooled investments. I understand that this means:

I am a self-certified sophisticated investor because at least one of the following applies:

I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested. I am aware that it is open to me seek advice from someone who specialises in advising on non-mainstream pooled investments.

High Net Worth Investor

Please read

I make this statement so that I can receive promotional communications which are exempt from the restriction on promotion of non-mainstream pooled investments. The exemption relates to certified high net worth investors and I declare that I qualify as such because at least one of the following applies to me:

STAY AHEAD OF THE MARKET

Sign up for first access to new developments and exclusive property investment opportunities.

We send limited and targeted emails on new launches and exclusive deals which best fit your areas. We are trusted by over 30,000 active buyers as their source for new stock.

  • New property developments
  • Professional market reports
  • Property deal alerts
  • Development updates
Manchester property investment

FIRST FOR NEWS AND KNOWLEDGE.

Receive trending news straight to your inbox and stay up to date on all of the property market trends and advice.

Established since 2005 we are a leading voice of authority and commentary on the UK property market. Our news is trusted by Apple News & Google News.

  • UK housing market
  • Mortgage & money
  • Buy-to-let landlords
  • Guides & advice

Talk to us

Speak to our UK property experts today:

 

+44 (0) 333 123 0320

Open from 9am-6pm GMT

 

+852 6699 9008

Open from 9am-6pm HKT