New residents move into 10 Park Drive in Wood Wharf in Canary Wharf
Canary Wharf's newest district, Wood Wharf, is beginning to take shape with recently completed residential buildings to add to the newly reopened retailers, restaurants, bars and coffee shops on the wider Estate, creating a new community.
Since completing in June, 10 Park Drive has welcomed over 50 new residents to the area, as the first purchasers to live on the Canary Wharf estate. Joined by tenants of 10 George Street, managed by Canary Wharf's dedicated Build-to-Rent arm Vertus, which opened in February the completion of One Park Drive in spring 2021 will see a further increase in the Estate's fledgling population.
A recent market report revealed East London had outperformed the rest of the city with house prices rising by 37 per cent in the past five years. The construction of Wood Wharf will further enhance the desirability of the area through the delivery of a prime neighbourhood.
The recently completed 10 Park Drive is now home to its first residents, with only 70 apartments remaining at the Stanton Williams-designed building. Designed to create a strong sense of place and a distinct residential character, the development forms a key part of the Wood Wharf masterplan. Internally, the apartments, designed by Make Architects, have been laid out to maximise the stunning vistas of the surrounding views of the River Thames and Canary Wharf skyline. The fixtures and fittings have been chosen to echo the architecture of the building through the warmth of timber, elegance of porcelain and champagne metal detailing.
Purchasers at 10 Park Drive will also benefit from access to a number of first-class amenities, including a private Sky Terrace on the 13th floor, as well as access to the first private residential Third Space fitness club complete with a swimming pool, jacuzzi, sauna, steam room and fitness class studio.
A new collection of show apartments are set to open at 10 Park Drive in the coming months, with the remaining one, two and three-bedroom apartments available from GBP900,000.
Brian De’ath, Director of Residential Sales at Canary Wharf Group, says: “East London has seen a rise in popularity for a number of years and the gradual completion of Wood Wharf will only enhance its desirability. The regeneration of the east is helping to bring a new generation of purchasers to this side of London. Canary Wharf has long been a prime destination, so to now offer the ability to live here is a huge selling point for us."