Richard Desmond with his wife Joy and son Valentine at the exciting launch
Work began today on the demolition of the Westferry Printworks just a few minutes from Canary Wharf.
On hand to witness the launch of the exciting new venture was media tycoon Richard Desmond — whose company Northern & Shell owns the site — and his wife Joy and son Valentine.
The Westferry Printworks development received planning consent in August 2016.
The 15-acre site will provide over 700 new private and affordable homes which will be available to buy or rent.
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The development is being designed with lifestyle at its heart, and will become a place where people will want to live, work and spend quality time.
Residents and locals alike will benefit from beautiful open spaces and waterside walks, two new parks and a new south facing dockside waterfront promenade.
They will be able to enjoy an exciting mix of independent, restaurants, bars and shops, great sporting facilities, a new community centre and crèche, healthcare amenities, a cultural ‘hub’ and a new 1,200 space secondary school.
Mr Desmond's company Northern & Shell owns the site
I am therefore delighted to be implementing our vision for the next generation of Docklands residents
Richard Desmond, owner of Northern & Shell
It will be a place where people will have space to breathe, just a short walk from the Canary Wharf business district.
Mr Desmond said: “My company, Northern & Shell, was the first owner, developer and occupier in 1982 in London Docklands and we moved our publishing business and headquarters there.
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“This helped our small business then to expand and we have been proud to be associated with the regeneration of London Docklands for 35 years.
Mr Desmond spoke of how delighted he was for the next generation of Docklands residents
“This connection was reinforced with our acquisition of the Express Newspapers group in 2000 together with its ground breaking printing operation – Westferry Printworks which provided hundreds of jobs for the people of Docklands and the surrounding area.
“I am therefore delighted to be implementing our vision for the next generation of Docklands residents with our new neighbourhood here in the centre of London’s Docklands, just minutes from Canary Wharf.”
Mace Developments is the development manager for Westferry Printworks, and is taking the scheme from the planning stage through to completion and occupation of the site.