British Land to build Canada Water scheme

British Land to build Canada Water schemeBritish Land has appointed Roger Madelin to lead the development of its 46 acre Canada Water site that will boost economic growth and create new construction jobs.

Canada Water has excellent existing infrastructure and will also benefit from the opening of Crossrail at Canary Wharf in 2018.

It is a major, long term project, which will be delivered in a number of phases and presents a unique opportunity to create an attractive, mixed use town centre which fully reflects the needs of local communities.

British Land is currently working with the London Borough of Southwark and local communities to deliver the Canada Water Masterplan and expects to submit a planning application by the end of next year.

Roger has been at Argent since 1987 and was Chief Executive/Joint Chief Executive from 1997 – 2012. He was directly responsible for leading a number of Argent’s developments and from 2000 led the Argent team bringing forward the 67 acre King’s Cross development.

The acquisition of Surrey Quays Leisure Park in March this year completed British Land’s assembly of the Canada Water site, which also includes Surrey Quays Shopping Centre and Harmsworth Quays, the former Daily Mail General Trust printing works.

The combined sites, which have potential for around 5.5 million sq ft (net internal area) of office, retail, residential, leisure, educational and community space, have been assembled over the last five years and create a significant mixed use development opportunity in the heart of one of London’s major regeneration zones.

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