Property consultancy Knight Frank has brought the Calico Wharf development to market, with a GDV in excess of £450m. The scheme is one of the largest residential-led mixed-use developments to have been granted planning approval in London in recent years.
The 5.9-acre (2.39 hectare) site will deliver 952 residential units alongside ancillary commercial floorspace and resident amenities. Calico Wharf will be spread across several buildings, ranging in heights up to 23 storeys and the site offers the opportunity to create riverside activation. The development is well suited to become a Build to Rent or Build to Sell asset.
“As one of East London’s last remaining residential-led development projects of scale, Calico Wharf offers an outstanding riverside development opportunity with the ability to provide an exciting multiuse living sector environment.”James Barton, Head of City & East Land, Knight Frank
Once developed, Calico Wharf will provide much -needed homes at the heart of the Poplar regeneration area. Located between Zones 2 and 3, the site benefits from excellent links into central London via a range of public transport modes.