London is to become home to the tallest tower in western Europe with Spire London, by Greenland Group, one of China’s largest premium residential developers.
The announcement will be a filip to the UK capital’s prime new-build property market, which has been hit by falling investor confidence since Brexit.
“This important launch reflects the confidence that Greenland Group continues to have in both the London economy and the London property market,” says Wenhao Qian, the managing director of Greenland (UK) Investment.
“We believe that there is always a demand for ‘best in class’ property assets that offer a high quality, bespoke, designed and unique product in a prime location. In our view Spire London fulfils these criteria, and we believe there will be significant demand for the apartments within this tower from both the UK and overseas.”
The new building in London Docklands will stand 235 metres high, made up of 67-storeys of residential accomodation, with a gross development value (GDV) in excess of Â£800 million (Dh3.9 billion) will feature retailing, residents’ gardens and amenities including a 35th floor Spa and Club Bar.
Located in Hertsmere Road, adjacent to Canary Wharf and directly fronting onto the 30 acres of water in West India Quay, Spire London is designed by architects Larry Malcic and Christopher Colosimo of the architectural practice HoK, and the interior designer Nicola Fontanella of Argent Design.
The tower will provide 861 apartments of which 765 are for private sale. The private sale apartments include luxurious suites, one, two and three bedroom apartments, and three bedroom duplex penthouses.
Greenland says it currently has a Â£53bn GDV global portfolio of property and other assets, and is building more than 82 million square metres of new commercial and residential projects worldwide. Since 2012 the Group has undertaken overseas expansion and has projects in 80 cities and towns across China and 12 cities internationally.
The London Spire tower has been designed to provide uninterrupted panoramic views over the whole of London, the highest and most far-reaching ever provided by apartments in the capital, according to the developer, capturing the Thames, Canary Wharf, the City of London, and numerous famous and historic landmarks.
“The striking and unique architecture is inspired by the nautical history of the site and by the orchid, a flower cultivated in China for more than 3,000 years,” Greenland says.
“Three petals form the spire, creating faceted glass façades and nautical style ‘prow’ and ‘bow’ contours. The angled roof of the tower allows for outside terraces in the premier and penthouse apartments, whilst feature louvres allow for natural ventilation throughout the building. “
Around the tower there will be a new public realm with a paved piazza, entrance driveways, birch trees, sculptural benches, and to the northeast of the tower a dancing fountain, inspired by the one at Somerset House.
“Spire London offers the best lift provision of any new residential tower in London, with nine passenger lifts to the private apartment floors,” Greenland says.
“Most existing towers provide just 4-6 passenger lifts. The waiting time for a lift will be just 30 to 35 seconds, with the passenger cars travelling up the building faster than six metres per second.”
The construction of Spire London is underway. Above-ground demolition works at the site have been completed and piling for the tower will begin in January 2017 with the tower scheduled to reach the halfway point in height during the summer of 2018. Build completion is scheduled for 2020.
On October 13 the public launch of Spire London will take place in the exhibition suite created by Argent Design in Warehouse Number One, directly adjacent to the development site in Hertsmere Road. Apartments at Spire London are priced from Â£595,000.
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