Londonewcastle and UK & European Investments are pleased to announce that planning permission has been granted for Dollar Bay in Canary Wharf, E14.
Situated on West India Docks, Dollar Bay’s 31-storey luxury residential tower has been designed by award-winning Ian Simpson Architects and will offer 111 high specification private apartments and penthouses. The building will feature a towering, double-height hotel lobby style reception area with 24 hour concierge service, a residents’ cinema, private dining facilities, fitness studios, a landscaped garden and secure basement car parking.
The tower will be a world-class addition to the London skyline with a slender, crystalline form offering uninterrupted views of the river with Canary Wharf and the City in one direction and the Olympic Park, O2 and Greenwich Peninsula in another from glazed ‘winter gardens’ that span the entire façade and maximise daylight into each apartment. While the penthouses will bring the outside in with stunning, triple height ‘sky gardens’ planted with mature trees.
The development also includes the regeneration of a site on Thomas Road to deliver much needed new homes. Of the 64 units – also designed by Ian Simpson Architects - 59 will be affordable, bringing the percentage of affordable housing across the two sites to 51%.
David Barnett, CEO of Londonewcastle said:
“We are excited that Tower Hamlets has given the go ahead to a British designed addition to the Canary Wharf success story – and during an exciting year for East London with the Olympics just around the corner.”
Barney Kelham, Head of UK and European added:
“I am delighted the scheme has been given the green light. This is an exciting project for us and provides high quality residential units for the Canary Wharf market. This project, alongside our recently developed 1 Kingsway project, is part of the exciting ongoing property development taking place across the capital.”
Ian Simpson, Lead Partner of Ian Simpson Architects who have been responsible for designing iconic buildings including Urbis, 1 Deansgate and the Hilton Tower, comments on the project:
“We are delighted to be working with Londonewcastle on Dollar bay and Thomas Road. Dollar bay is a beautiful elegant and unique building which terminates the vista along the dock, providing spacious and light homes with dramatic views of Canary Wharf. This will be a special and distinctive building and a significant addition to the London skyline.”
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For further press information or images of Dollar Bay or Londonewcastle, click here.
Notes to Editors
About the Team
Londonewcastle Since establishing in 1995, London property developer Londonewcastle has carved a niche with its innovative and creative approach to residential developments. Steering away from the generic and formulaic, the dynamic development team create stimulating buildings that involve advanced architecture, stylish interior design and awareness for the local community.
Londonewcastle offers a boutique style of personal service, aiming to create a feeling of community for its residents. Situated in prime locations across London, Londonewcastle offers a lifestyle choice, rather than just an apartment.
UK & European Investments (UKEI) UK & European is a long term property development and investment business and over the last 30 years has built up a wide ranging portfolio of assets in all real estate sectors in both the UK and US, as well as other European and Asian markets.
Key developments include the headquarters for the Environment Agency, the greenest office development in the UK, One Kingsway, a landmark and new mixed-use office, residential and retail project in the centre of London and Templeback - a mixed use office and residential scheme in Bristol.
Ian Simpson Architects Ian Simpson Architects was founded by Rachel Haugh and Ian Simpson in 1987 and ever since it has compiled an impressive portfolio of award-winning projects. It originated from a shared belief in the power of high quality design to lead the regeneration of post-industrial cities and initiate new contemporary architectural identities. As projects have increased in scale over the last 20 years, these original values have matured and been reinforced such that they remain the practice’s guiding principles. The underlying themes of urban renewal, sustainability and design excellence unite an otherwise diverse range of building functions and solutions.