LONDON’S TALLEST BUILD-TO-RENT TOWER TOPS OUT
Rising amongst the skyscrapers that shape the Canary Wharf skyline is Newfoundland, a striking diagrid structure, which once complete, will be the UK’s tallest build-to-rent development.
Recently topping out to reach its full height of 220 metres (729 ft.), the tower, comprising 636 private rented apartments, is shaping up as an iconic figure on the London skyline.
Set to become one of the first build-to-rent schemes available on the Canary Wharf estate, Newfoundland will provide residents with spectacular panoramic views of the capital through floor-to-ceiling windows. Designed by renowned Mayfair-based architects, Horden Cherry Lee, the building’s unique appearance stems from its transparent ‘diamond’ structure, which will have sloped, sculpted sides and an external frame providing exceptionally spacious homes.
The apartments, ranging in size from 429 sq. ft. to 1,819 sq. ft provide studio, one, two and three-bedroom accommodation. They will be available fully-furnished through Vertus, a full-service build-to-rent operator, part of the Canary Wharf Group. Residents will have exclusive access to a range of onsite facilities, including a private dining room, residents’ lounge, gym, virtual fitness studios, children’s play area and terrace garden. Occupying the first floor of the 60-storey building, will be a 10,000 sq. ft. M Restaurant and Grill.
Alastair Mullens, Head of Vertus, commented: “To reach topping out of the building is a significant milestone in the construction process. Set to fully complete at the beginning of 2020, it’s fantastic to see the building taking shape and cement its place amongst some of the most iconic buildings in London. Whilst the exterior is visually striking, the interiors will be of the highest quality and set a new standard in the build-to-rent sector. Newfoundland will meet a growing demand for dedicated rental properties in Canary Wharf.”
Set to transform the private rental offering in the Canary Wharf area, Newfoundland is joined in the Vertus portfolio by a 327 apartment scheme at 10 George Street, as well as a further 174 apartments at 8 Water Street, both located in Canary Wharf’s new residential district, Wood Wharf.
Since construction began in 2015 over 300 piles have been installed, with a number reaching 60 metres deep, some of the deepest ever installed at Canary Wharf. Over 18,000 cubic metres of spoil, the equivalent of seven Olympic swimming pools, was excavated to create the basement. To reach its full height, over 14,000 square metres of pre-cast concrete plank and 9,500 tonnes of structural steelwork have been erected.
Set to complete in Q2 2020, apartments at Newfoundland are set to be available to rent from July 2020.