British Land has unveiled a new look at its sprawling £3.5bn, 53-acre Canada Water development in Southwark, SE16.
The masterplan for the mixed-use project, owned with Australian pension fund giant AustralianSuper, includes 3,000 new net-zero homes, office space for some 20,000 workers and up to 1m sq ft of leisure, cultural and education facilities.
Emma Cariaga, British Land’s joint head of Canada Water, said: “We have an incredible opportunity at Canada Water. The chance to reimagine an entire town centre – in the heart of London, surrounded by parks and waterways – comes once in a lifetime.”
The first phase of the scheme is under construction and is expected to be completed in the third quarter of 2024.
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