U&I Group PLC - London-based mixed-use space regeneration and property specialists - Gets planning permission for Modern Wharf project on the Greenwich Peninsular in London. Modern Wharf is being built in partnership with Modern College for around GBP770 million, holds 1,500 new homes, 200,000 square foot of warehouse and industry space, 50,000 square foot of retail and convenience space, a brewery and four acre landscaped park on the River Thames. "This is a significant milestone for U+I and adds a third planning success to the detailed consents granted previously to two other core regeneration schemes at Landmark Court and Phase 1 at Mayfield," says company.
"We are delighted with the planning decision at Morden Wharf, providing a blueprint to deliver a distinctive mixed-use neighbourhood opening up 275 metres of Thames riverfront," adds Chief Executive Richard Upton. "This includes much needed new homes, innovative office and creative space, as well as beautiful green landscape and community space."
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By Josie O'Brien; josieobrien@alliancenews.com
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