A £250m residential tower in Canary Wharf has acquired planning approval.
The five hundred-apartment block is being developed by Far East Consortium (FEC). The 56-storey constructing can even have business house on the bottom ground and 35 per cent of the brand new houses can be inexpensive.
A building begin date has not been set and a contractor is but to be appointed.
The brand new tower, referred to as Ensign Home, can be located close to to FEC’s first undertaking in Canary Wharf, the 65-storey Consort Place mixed-use improvement, which is being built by JRL subsidiary Midgard.
FEC has backed various main tasks in Manchester and London.
In November it submitted plans for the first phase of the £4bn Victoria North regeneration scheme in Manchester. In early 2020 it set up its own contracting business to take over from Bardsley, which collapsed into administration whereas delivering the Manchester MeadowSide undertaking.