With the arrival of the Elizabeth line bringing improved connections, whether you’re heading to the boardroom or the bar, looking for a sushi spot or a spin class, fresh art or fresh air, it’s all here.
Architecturally unique & striking residential spaces
One Park Drive, designed by Herzog & de Meuron, is the signature building of the new district. Positioned at the head of the dock, it proudly represents everything that makes the new neighbourhood so special – a unique architectural achievement thoughtfully designed to be the very best in city and waterside living.
Designed by world-renowned architects Stanton Williams, 10 Park Drive, with its elegant simplicity, overlooks the docks on both its south and north elevations, connecting to the water with beautifully landscaped parks and gardens.
10 George Street
10 George Street rises 37 storeys above Canary Wharf’s new district, Wood Wharf. The balconies of its 327 apartments overlook waterside gardens and boardwalks below, while amenities include a gym, bar, private dining room and lounge, which opens out onto a large, south-facing terrace.
8 Water Street
With 174 apartments, 8 Water Street’s low-rise character makes you feel intimately connected with the water and green space below. Enjoying access to a landscaped private garden overlooking south dock and the quiet boardwalks and floating pavilions of Water Square, it also boasts an expansive roof terrace.
Wood Wharf is a vibrant new development in London designed for ambitious individuals seeking a blend of work and lifestyle opportunities. It offers thoughtfully designed offices, residential spaces, retail, dining, and leisure options, all set against a picturesque waterside backdrop.
Situated in London, Wood Wharf is strategically located to offer easy access to the city's amenities and attractions. Its proximity to the waterside provides a serene environment, while nearby retail, dining, and leisure options ensure convenience and entertainment.
Wood Wharf comprises six distinct buildings designed by London's cutting-edge architects, offering a total of 2 million sq ft of modern workspaces.
We have created an automatic ranking system for new-build homes in London based on several critical features around the development, like schools, parks, and transport infrastructure.
We have developed this new analytical tool to calculate the scores based on the location data. Note that AutoScore values are not set by us or anyone else – everything happens automatically.
Wood Wharf caters to ambitious Londoners seeking an elevated work experience. This innovative space offers meticulously crafted offices promoting collaboration within a serene waterside environment complemented by inviting green areas. It stands as a fresh addition to London's landscape, seamlessly merging professional pursuits with vibrant social engagements through its thoughtfully curated retail, dining, and leisure offerings. Positioned as the epicenter of London's future, Wood Wharf embodies the evolving essence of the city.
Cain International and Starwood Capital Group have agreed to provide a £535 million loan to Canary Wharf Group for the next phase of development in its Wood Wharf residential scheme.
One of the largest loans in the UK in the past year, it will be split equally between Cain and Starwood Capital.
The Wood Wharf Phase 3 includes three towers and two buildings, comprising a total of 1,308 private Build-to-Rent homes, along with approximately 26,300 sq ft of commercial space. 295 of these homes will be designated as affordable housing.
Wood Wharf is part of Canary Wharf's broader transformation into a mixed-use neighbourhood that offers 24/7 living, working, shopping, and leisure facilities.
The overall Wood Wharf development is expected to include more than 3,600 new homes, extensive public spaces, a GP surgery, and a school, with an estimated completion timeline spanning from the end of 2025 to Q1 2027.
Graham Keable, Managing Director – Real Estate Debt at Cain International, commented: “This was an opportunity to deepen an existing relationship with an experienced sponsor while increasing our exposure to a market sector where we have comprehensive experience. Canary Wharf is a proven location for BTR schemes, with premium rental values, growing occupancy levels and substantial investment appetite despite market headwinds, and we look forward to supporting Canary Wharf Group in its ambition to deliver best-in-class homes in one of the UK capital’s most dynamic neighbourhoods.”
Harvey Sandhu, Vice President, Real Estate Debt, Starwood Capital, addded: “We are delighted to support Canary Wharf Group in this transaction. In recent years, Canary Wharf has become a vibrant, mixed-use destination and Wood Wharf Phase 3 will further enhance this transition. The financing builds on our strategy of supporting best-in-class sponsors in sectors with strong market fundamentals.”
Becky Worthington, CFO of Canary Wharf Group, added: “This financing agreement is a testament to the success of our residential offering at CWG and the strength of our lender relationships. We have more than 3,500 residents living at Canary Wharf today in award-winning buildings, with access to world-class amenities on the estate as well as incredible transport links.”
As part of this transaction, the asset is being transferred at full market value up the group structure out of the bond group, reducing development risk within Canary Wharf Group Investment Holdings plc.
Phase 3 of Wood Wharf will be delivered with a target Level 4 Code for Sustainable Homes across the private market properties, and BREEAM Excellent on the commercial space.
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