Recently, Newham council approved proposals by Berkeley Homes for one of the densest house building projects in the capital.
Development continues despite subdued market condition
Plans for nearly 4,000 homes are in place for the 29-acre former Parcelforce site in Stephenson Street, Canning Town. Canning Town is a half-hour walk from Canary Wharf Tower. The scheme will have 356 homes per two-and-a-half acres.
New Homes will contribute to solving Newham’s housing shortage
The first phase of the scheme will have 1,020 homes in towers up to 377ft tall. A further 2,790 flats will be built in later phases. At completion in 2029, the Newham development could house 10,000 Londoners.
In total, 3,810 homes will be built on a site that is about 10 times bigger than Trafalgar Square, with some 2,500 for private sale or rent. More than 850 flats built will be offered to first-time buyers on a shared-ownership basis. 500 flats will be rented at subsidised levels to people on the council waiting list. The Newham development will contribute to solving the borough’s housing shortage.
There will also be a new entrance to nearby West Ham station and two new pedestrian bridges across busy Manor Road. The first phase will include 7,500sq ft of offices, 58,000sq ft of shops and a 1,000-pupil secondary school. More than half of the site will be open space including two small parks.
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