Ardmore wins £80m Canada Water deal

Ardmore has been confirmed winner of an £80m contract to build the first residential and retail phase of Project Light at Canada Water in Southwark.

The scheme by Notting Hill Housing and Sellar Developments will deliver a new town centre with 1,030 new homes and a range of commercial and community uses across a seven acre site.

The development will include:

  • 453 private sale homes
  • 346 private rent homes
  • 162 affordable rent homes
  • 69 Shared Ownership homes

The site is adjacent to Canada Water underground station and the dock, between London Bridge and Canary Wharf.

Chris Langdon, Ardmore Development Director, reportedly said: “We are thrilled to have been selected for the first phase of Project Light, which promises to be a landmark development for Canada Water.

“I am delighted to build on our excellent relationship with Notting Hill Housing, and I am looking forward to working with Sellar Developments to help transform another part of London.”

To read full report on Construction Enquirer click here

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Planning disputes on new build land
Breaking News

Glamping sites rank as Britain’s most expensive land type

The latest data from LandSale, the property portal dedicated to land and rural property, reveals that glamping sites currently hold the highest price for land investment opportunities in Britain, with an average listing value of over £1.1m LandSale has analysed its internal data to see what kind of development and investment opportunities are currently available…
Read More
Estate Agent Talk

Fast track to London: The Essex villages offering country living and commuter convenience

For London buyers looking to exchange city life for more space, greenery and a stronger sense of community, Essex offers an appealing combination of countryside living and convenient connections into the capital. The rise of hybrid working has changed what buyers expect from a commuter location, and rather than simply searching for the shortest possible…
Read More
Breaking News

‘Spider season’ hits UK bedrooms

‘Spider season’ hits UK bedrooms – expert shares FIVE expert tips on keeping eight-legged visitors at bay As autumn sets in, millions of UK households are bracing themselves for ‘spider season’, the surge of male spiders entering homes in September and October in search for a mate. One of the most common places that spiders…
Read More
Estate Agent Talk

Good-view homes command 81% premium

The latest research from UK Property Development (UKPD) reveals that new-build homes that boast a good view command an average price premium of 81.4% compared to overall new-build prices, with the premium in London approaching 110%. UKPD has analysed the estimated average asking price of new-build homes in England marketed as offering a ‘good view’,…
Read More
Christmas Decorations - Good or Bad for Selling
Breaking News

Want to Be in Your New Home by Christmas?

Moving house can be a complex and stressful process, with delays at various stages potentially putting completion dates at risk. Government data shows that the average home purchase takes around 120 days to complete, while around one in three property sales fall through, costing sellers an estimated £400 million each year. With Christmas now just…
Read More
what is happening to house prices
Estate Agent Talk

Help Buyers to get Britain Building

Tim Foreman, Managing Director of Land and New Homes, LRG, comments: It is clear that Labour cannot meet its housing ambitions just through planning reform. It is imperative that Andy Burnham uses time at the upcoming Labour Party Conference to back a targeted successor to Help to Buy – one that restores demand without repeating…
Read More