Rockwell and FirethornTrust have been granted planning permission by the London Borough of Tower Hamlets for the redevelopment of Quay House in Canary Wharf.
The iconic 40-storey development will deliver a 400-bedroom hotel and 279 serviced apartments alongside dockside leisure facilities overlooking Canary Wharf.
The site was acquired in a JV between Rockwell and FirethornTrust in October 2018 and the planning application was subsequently submitted in July 2019. With planning permission now secured, work is expected to start on site later this year.
Donal Mulryan, founder, Rockwell commented: 'I’m delighted that the London Borough of Tower Hamlets has granted permission for this exceptional development. The opportunities for local people and businesses are substantial with 172 full time jobs once operational, 300 jobs during construction and a contribution of £34 mln per year to the local economy through visitor spending alone. Our relationships with local organisations such as Parkour Generations and the London Training Centre will further maximise the benefits.'
Chris Webb, founding partner, FirethornTrust added: 'We are proud to have received planning permission for the redevelopment of Quay House. The Borough’s decision is an important one, in that it will facilitate the delivery of much needed jobs and visitor accommodation whilst also providing significant improvements to the public realm. We are excited about bringing this development forward with Rockwell to deliver a landmark waterfront scheme overlooking Canary Wharf.'