Canary Wharf is set to get a new 31-storey residential skyscraper.
Residential developers One Housing Group and Mount Anvil are together building 121 homes at Dollar Bay in Canary Wharf.
Once complete in 2016, the building will boast 111 flats for sale with prices starting from £425,000.
The waterfront site on the Isle of Dogs was acquired from Londonewcastle on 4 April.
— One Housing Group (@Official_OHG) April 7, 2014
Alan Williams, group development director at One Housing Group, said: “With government funding drastically reduced we are using the profits from the sale of properties like these to build more affordable homes in London. We are proud to be a profit making social enterprise. The more profit we make, the more affordable homes we can build to help tackle London’s housing crisis.”
Killian Hurley, chief executive, Mount Anvil, said: “Mount Anvil believes in creating homes and communities where people want to live and, in doing so, leaving a positive legacy for London. The landmark Dollar Bay will provide high-quality much needed homes in one of the most iconic parts of London. We are excited about bringing it to life.”
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