Canary Wharf spreads east with new towers and 3,000 homes planned
Wood Wharf project gets green light in financial hub’s first major expansion since 2008 financial crisis
More than 3,000 homes are to be built at the eastern edge of Canary Wharf after Tower Hamlets council approved the project, the first extension to the financial district since the 2008 banking crisis.
Canary Wharf Group, majority-owned by Songbird Estates, has been granted planning permission to construct 30 buildings, comprising 4.9m square feet of homes, offices and shops, at Wood Wharf, just a stone’s throw from the headquarters of some of the world’s largest banks.