Canada Water Dockside Scheme to Go Ahead
A 1.5 million sq ft commercial scheme in Canada Water has been approved by Southwark Council. Co-designed by BIG and HWKN Architecture, the 4.5-acre site will be one...
Read Full ArticleAs part of its Canada Water Masterplan, British Land and AustralianSuper have appointed Stanton Williams to design a 300,000 sq ft life sciences scheme.
Stanton Williams was chosen for its experience in creating innovative life sciences projects, including winning the Stirling Prize for Sainsbury Laboratory in Cambridge.
It is hoped that the project in London's Docklands will accommodate a range of complex scientific requirements to appeal to life sciences occupiers.
The project will be bolstered in May 2023 with the completion of The Paper Yard, 30,000 sq ft of modular lab space and a new engineering higher education enterprise co-founded by three global universities.
The first phase of the masterplan, which is a 50:50 joint venture between British Land and AustralianSuper, is expected to complete in Q4 2024.
Emma Cariaga, Joint Head of Canada Water at British Land, said: “We have an incredibly rare opportunity at Canada Water to reimagine an entire district for London. Our vision is to create a diverse and exciting neighbourhood rooted in innovation – somewhere that businesses can be inspired to grow and where people will put down roots.
“Delivering up to 2.5m sq ft of highly sustainable business and innovation workspace across the masterplan, Canada Water is in prime position to cater to the growing number of life science and innovation businesses requiring new, high-specification lab space, supporting the aims of the government’s newly published Science and Technology Framework which pinpoints these burgeoning sectors as a crucial driver of economic growth.
"Canada Water presents a compelling proposition for prospective occupiers, on account of its vibrant, well-connected central London location which benefits from being in close proximity to three leading teaching and research hospitals including Guy’s Hospital in London Bridge; St Thomas’ Hospital in Waterloo and King’s College Hospital in Denmark Hill.”
Richard Wardle, Director at Stanton Williams, added: “We are delighted to be part of British Land's ambitious regeneration of Canada Water. This is a wonderful opportunity to contribute to the creation of a vibrant and collaborative environment that will foster innovation and nurture a new sense of community in the heart of the post-industrial Southwark Docks.”
Picture: an image showing the proposed site at Canada Water, with balconies and an open courtyard. Image Credit: British Land
Article written by Ella Tansley | Published 13 March 2023
A 1.5 million sq ft commercial scheme in Canada Water has been approved by Southwark Council. Co-designed by BIG and HWKN Architecture, the 4.5-acre site will be one...
Read Full ArticleBritish Land has reported its full-year results for 2021, revealing a 10.8 per cent reduction in portfolio value. Office real estate value is down 3.8...
Read Full ArticleBritish Land has announced that long-serving Chief Executive, Chris Grigg is to step down, less than a year after, the UK's number two by volume property company,...
Read Full ArticleCanada Water in London's Docklands has passed a key milestone with Southwark Council Planning Committee resolved to grant planning permission for British Land’s...
Read Full ArticleSocial media company Meta has paid £149 million to surrender its lease on its London office at 1 Triton Square. Building owner British Land reported the news in...
Read Full ArticleA planning application has been submitted to transform the site of The Stamford Building at 18 Blackfriars Road. The plans, designed by Foster + Partners, include...
Read Full ArticleBritish Land has received resolution to grant planning permission for a 455,000 sq ft multi-level logistics hub near Junction 25 of the M25. Intended to cater for the...
Read Full ArticleBritish Land has unveiled plans to transform London’s Euston Tower into a life sciences and innovation hub. The building is set to become a modern, net-zero...
Read Full ArticleProperty development and investment company British Land has lost its place on the FTSE 100 Index after 21 years. In its place, engineering company IMI will move from...
Read Full ArticleLGIM Real Assets has partnered with ESG platform Globechain to exchange office furniture, IT equipment and appliances with other businesses. Through the...
Read Full Article