FEC eyes 62-storey tower at Ensign House
Far East Consortium is driving forward development at its latest London scheme in Canary Wharf with upcoming plans for a 62-storey skyscraper.
The developer is working up plans for 600 flats at Ensign House, E14, in a £250m scheme.
It follows FEC’s acquisition of the site for £28.5m earlier this year .
Far East Consortium is driving forward development at its latest London scheme in Canary Wharf with upcoming plans for a 62-storey skyscraper.
The developer is working up plans for 600 flats at Ensign House, E14, in a £250m scheme.
It follows FEC’s acquisition of the site for £28.5m earlier this year .
The 220m building will comprise 592,000 sq ft of residential space and 7,000 sq ft of retail. It will incorporate 26,000 sq ft of landscaped green space, including a new park, on the 1.1-acre site.
FEC has lodged a request for an environmental impact assessment with Tower Hamlets Council ahead of the detailed plans.
The proposals will see FEC almost double its ambitions for residential development on the Isle of Dogs. The developer is currently building two towers of up to 65 storeys with 634 flats and a hotel at the neighbouring Consort Place scheme.
Despite receiving consent for Consort Place in 2016, construction kicked off just last year and sales launched in January, according to Radius Data Exchange.
The South Quay has become a hotbed of residential activity, bringing regeneration through replacing old office blocks with at-scale residential schemes. Major developments include LBS and Cubitt’s 49-storey tower of 332 flats and £1bn of development from the Kwok family and Ballymore with 898 homes on the South Quay and a further 615 at nearby Millharbour.
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