While this is one of the first visible signs of change in the area — which sits conveniently on the intersection of Jubilee and Windrush (Overground) lines, just a few minutes ride from London’s key businesses hubs and residential areas — both Art-Invest Real Estate and British Land have already spent years working closely with Canada Water’s existing communities to shape a future for both the 53-acre masterplan and neighbouring Dockside development that encompasses essential amenities, new opportunities for education and employment, life-enhancing leisure facilities and culturally enriching entertainment and nightlife destinations.
Delfs explains that British Land has continually examined what contributes to successful, meaningful urban regeneration, while focusing on the preservation of local history, character and biodiversity. He shares, “We’ve asked ourselves what can we bring as a new piece of city that maybe doesn’t exist yet and is genuinely innovative and new, and we think that comes from the intimate integration of a new urban neighbourhood with nature, culture and sports.”
Over the next twelve years, the all-electric Canada Water masterplan will deliver a new high street and town square, up to 3,000 new highly sustainable carbon homes,2 million sq ft of workspace, and 1 million sq ft of leisure, retail and cultural space. There will be a new leisure centre, and 35% of the masterplan will be public open space, which means 12extra acres of public realm across the masterplan, within close reach of Dockside’s own workspace buildings. Aside from the much-discussed benefits of access to additional green space, the 2 million sq ft of workspace being built by British Land will offer opportunities for businesses based at Dockside to expand rapidly, and in close proximity, as their teams grow.