• Canary Wharf Group Launches sales for apartments at One Park Drive

    26 April 2017

    (25 April 2017, London) Canary Wharf Group has today announced that its collection of exceptional apartments at One Park Drive will go on sale from 12th May, defining urban living within this instantly recognisable part of London. The new homes at One Park Drive, Herzog & de Meuron’s first residential project in the UK, will be available with prices for the 483 apartments starting from £575,000.

    One Park Drive by Herzog & de Meuron

    The critically acclaimed architecture firm has ensured that One Park Drive engages seamlessly with its surroundings, paying homage to its prominent waterfront location while at the same time, providing a natural circular contrast to its neighbours. This continues the trend of effortlessly blending past and present, a technique that won Herzog & de Meuron praise for its most recent project, the extension of the Tate Modern, which launched in 2016. The firm has also been commissioned to design Chelsea Football Club’s new stadium, which is due for completion in 2021 and has been famously recognised for their design of the ‘Birds Nest’ Olympic Stadium in Beijing.

    Standing out amongst Canary Wharf’s famous skyline, the eye-catching apartment building, with its cylindrical appearance will form part of the new district of expansion in one of the city’s most celebrated areas. The next phase of Canary Wharf’s development will further accelerate the area’s transformation, which has already started to see organisations like Mayfair’s Arts Club commit to opening a new venue in the Docklands. Canary Wharf’s profile is changing fast, with a growing number of start-ups and media companies increasingly attracted to the area because of its innovative tenant base, excellent transport connections and expanding leisure facilities.

    Meticulous attention has been paid to the design of this 58-storey building, ranging from cleverly concise studios to spacious four-bedroom penthouses. Three typologies – Loft, Bay and Cluster – powerfully expressed in the exterior and interiors have their own distinct personalities.  Each apartment will offer generous views over the surrounding docklands and across London, while the layout of the building has been planned with privacy in mind, ensuring that no unit is overlooked.

    Residents will also benefit from a lobby with concierge, a library, plus a screening room. There will also be a modern fitness suite, including a gym and 20-metre swimming pool overlooking the docks as well as a steam room and sauna.

    Sir George Iacobescu, Chairman and Chief Executive Officer, Canary Wharf Group said: “Canary Wharf has always been pioneering in its approach to the built environment and urban design. One Park Drive, the first residential building by Herzog & de Meuron in the UK, will represent the best of Canary Wharf as our private Estate develops into a new destination for London. Herzog & de Meuron are a practice that we have long admired for their meticulous approach to design, their ability to challenge preconceived beliefs and conventional wisdom, delivering a truly remarkable finished product.

    “One Park Drive will become a fixture on the London skyline and this launch represents a rare and very limited opportunity for people to buy a home in London. This more than just a building, it is a piece of art.”

    Commenting on the project, Jacques Herzog, Herzog & de Meuron said: “Residential high rises are conventionally characterised by the negative qualities of sameness and too much repetition. One Park Drive has three distinct zones offering different types of accommodation that are clearly expressed offering a sense of individuality in a larger development.”

    Brian De’ath, Director of Residential Sales, comments: One Park Drive will define the standards by which all future residential projects will come to be measured. In terms of how it works, how it looks and the quality of every detail, it is something very special indeed.”

    Mandy Wong, Head of International Properties, JLL, said: Canary Wharf has been extensively redeveloped in the last decade and has become a very livable district, with plenty of cultural and entertainment options that suit the most discerning tastes. Canary Wharf is where the business district meets the wider residential area. Because of the scarcity of residential properties of this quality in Central London, One Park Drive promises to be an investment that will keep its value over time. For Hong Kong buyers, the weaker British pound following the Brexit vote has meant an effective discount on UK residential property.

    Darien Bradshaw, Head of International Project Market at CBRE in Asia, said: “The Canary Wharf Estate is one of London’s greatest success stories, and One Park Drive will usher in a whole new chapter in the transformation of East London, as an exemplar residential address. Recent price growth in East London means One Park Drive is an attractive investment, as well as a highly desirable place to live.”

    Canary Wharf’s new district comprises around two thirds residential properties, or approximately 3,300 new homes, a quarter of which will be affordable with the capacity in the future to build a further 400 new homes. The site will also create over 17,000 new jobs through hotel, leisure, construction and recreational facilities.

    This milestone follows the launch of Canary Wharf Group’s first ever homes at 10 Park Drive in the summer of 2015. A Stanton Williams designed building, 10 Park Drive is a mid-rise 13 storey building adjoining a 42 storey tower, together containing 74 studios, 115 one-bedroom apartments, 141 two-bedroom apartments and 15 three-bedroom apartments.

    Construction work on the site has already begun and completion of the first district of this development will follow the arrival of Crossrail in 2018. Once the Crossrail station opens, Canary Wharf will be only six minutes to Liverpool Street, within 39 minutes of Heathrow and moments from City Airport and international train services to Europe.

    Internationally-renowned architects Herzog & de Meuron, Stanton Williams Architects, Allies and Morrison, Grid Architects, KPF, Darling Associates, Patel Taylor and Wirtz International have been appointed to design the first phase of buildings.

    Construction work on the site began last year and the first district is expected to complete in 2019.

    For more information about the new homes visit canarywharf.com/residential.


    Hong Kong launch event:

    Date:      12 – 14 May 2017 (Fri-Sun)
    Time:      11am-7pm
    Venue:   Tian & Di Room, 7/F, Landmark Mandarin Oriental Hotel, 15 Queen’s Road Central, Central, Hong Kong





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