Go-ahead for big Ballymore Docklands scheme
Published: 13 April, 2011
LONDON: London Thames Gateway Development Corporation has given Irish property developer Ballymore approval to build 1700 homes on a former factory site next to Canning Town station.
The 12-acre Leamouth Peninsular site opposite the Greenwich O2 Centre will be built in stages with new homes and offices contained in 13 buildings ranging from three to 27 storeys in height.
Sean Mulryan, chairman of Ballymore said: "Now that we have got the green light, we will be cracking on immediately and expect to be marketing this site in the autumn." The project is expected to take five years.
The Pura Foods oil processing plant, which relocated to a new facility in Essex in 2005, formerly occupied the site. The previous buildings have now been demolished and the site cleared. Tower Hamlets Council previously rejected the developer's plans because of concerns over inaccessibility and financing. Ballymore will build a new footbridge linking the peninsula with Canning Town station. Phase one, at the southern end of the site, will include 537 homes, 5000sqm of offices, an art gallery, shops and community facilities, and 275 parking spaces.
Phase two will include up to 1169 homes, 2300sqm of business space, shops, and a school.