Canada Water

Stanton Williams architects have been appointed by British Land and AustralianSuper to design a new 300,000 sq ft life sciences scheme as part of the second phase of its Canada Water Masterplan.

The building is expected to support innovation and life sciences businesses and will offer a range of complex scientific requirements within an uplifting, sustainable environment that promotes wellbeing and maximises daylight.

Stanton Williams was selected for the project following the firm's exceptional success with world-class life sciences projects, including the Sainsbury Laboratory in Cambridge, for which it was awarded the prestigious Stirling Prize. British Land and AustralianSuper's newest venture at Canada Water is poised to be equally ambitious, with the potential to accommodate a variety of scientific requirements in a collaborative setting that encourages interaction.

The first phase of the Canada Water Masterplan is already underway, with British Land and AustralianSuper delivering the Paper Yard, a modular lab space comprising 30,000 sq ft and designed by Hawkins Brown.

Located next to TEDI-London, a new higher education enterprise co-founded by King’s College London, Arizona State University and UNSW Sydney, the modular lab space is generating positive early interest from potential occupiers within the life sciences sector.

With construction set to complete in May 2023, the Paper Yard is expected to offer a sustainable and flexible solution for businesses seeking a versatile workspace in a prime location.

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, said: “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.”

Canada Water Market at Deal Porter Square will take place every Sunday and feature fresh and sustainable British-grown food and produce from talented artisans and local producers. In a nutshell: it’s a good market doing good things. 

With an ethical butcher, a baker and cheesemongers plus stalls selling bagels, sauces, condiments and sweets, pick up your weekly shop or Sunday treats – while reducing the carbon impact of your basket by supporting small growers. The market showcases the best of Canada Water: supporting our local community, celebrating nature and boosting sustainability.

Overseen by Will from Squid Markets, Canada Water Market will feature everything from global street food stalls to a bar serving up springtime refreshments alongside produce from well-loved names such as The Tomato Stall, The Parson’s Nose and Chegworth Valley Fruit Farm with local businesses from in and around Canada Water. 

Open to everyone, explore our special Canada Water Market launch day: from 10am-4pm on Sunday 17th April at Deal Porter Square, 21 Surrey Quays Road, Canada Water, SE16 7AR. 

See you there every Sunday to explore our huge variety of stalls and pop-ups!

British Land has sold 50% of British Land’s share in the Canada Water Masterplan to AustralianSuper.

British Land and AustralianSuper will form a 50:50 joint venture to accelerate the development of the 53-acre site.

AustralianSuper is Australia's largest profit-to-member pension fund, with a rising presence in the UK property market. British Land's best-in-class operational platform is combined with capital from a significant international investor in the new partnership.

Simon Carter, CEO of British Land commented: “We are delighted to be working with AustralianSuper on this exciting development to deliver a new urban centre for London at Canada Water. The investment by AustralianSuper, who have extensive experience investing in major regeneration schemes, is a testament to the strength of British Land’s reputation and best in class development and operational platform. This new partnership enables us to move faster, delivering new homes and workspace, creating new opportunities for local people and delivering
value for our shareholders.

This transaction is a great example of our proactive approach to recycling our capital and leveraging our expertise by working with like-minded partners.”

Paul Clark, Senior Investment Director Property UK, AustralianSuper added: “Our investment in Canada Water will contribute to the retirement savings of our 2.6 million members, whilst also being part of a once-in-a-lifetime regeneration project that will provide benefits to residents, businesses and the community for generations to come.

The Canada Water Masterplan fits with our focus on investing at scale in large mixed-use projects in major urban centres and we believe this location will become a preferred destination for a range of end-users.
We are actively pursuing new large-scale investment opportunities in the UK and Europe, as well as building out our local team to support this objective. The opportunity to come together with a partner of the calibre of British Land is a critical step to our ongoing expansion in the region and closely aligns with our focus on high-quality assets and responsible investment.

We are delighted to be working with British Land to accelerate the delivery of this critical regeneration project and look forward to seeing Phase 1 of the development come to life over the coming months.”

McAleer & Rushe has been appointed to build Plot K1, which will deliver the first phase of residential homes at Canada Water.

This phase will deliver 79 affordable new homes in a 6-storey residential building, arranged in a C-shaped configuration around a central courtyard that provides a communal garden for residents

The apartments have dual-aspect views and the development will be fully electric utilising air source heat pumps.

Construction works have started on site and completion is targeted in Q4 2023.

Jonathan O’Neill, Senior Director at McAleer & Rushe commented: “We are delighted to have been appointed to build 74 affordable new homes as part of the wider Canada Water masterplan by British Land. As a company, we are fully committed to driving innovation to support the delivery of sustainable projects and adding social value to local communities. As part of this project, we are working with Southwark Council to generate employment and offer training opportunities in the local community throughout the duration of the construction works.”

Philip Tait, Director of Development for Canada Water at British Land, said: “McAleer & Rushe bring significant experience in building complex residential projects in London which benefit local people. We look forward to working with them to deliver new affordable homes in Canada Water, while providing new opportunities for the Southwark community to engage with the project.”

Virtual exhibition to introduce plans for the Zone F at Canada Water Masterplan takes place from 18 October to 1 November 2021.

View the plans and leave your comments at cwm.exhibition.app

Zone F is located across a portion of the Surrey Quays Leisure Park and part of the car park of the former Printworks and is part of the Canada Water Masterplan.

The plans would provide around 400 new homes and 38,000sqm of new workspace and shops. There will also be new public areas, roof terraces and pedestrian routes created as part of these plans.

Virtual consultation exhibition on plans to enhance parts of Canada Dock part of the Canada Water Development are now on display.

The proposals include three main elements:

1. A wetland habitat, improving biodiversity and water quality within the dock
2. A new 150m long boardwalk across the dock
3. New seating and steps along the southern edge leading down to the water

Developer British Land is looking forward to feedback from the local residents, businesses and groups.

The virtual consultation exhibition includes information on the vision, the designs, and approach to important aspects such as ecology, heritage and community engagement.

The plans for a Reserved Matters Application (RMA) will be submitted to Southwark Council in the autumn.