London Dock Wonderful Wapping 2–3
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London Dock Wonderful Wapping 2–3 London Dock London Dock Wapping E1W St George is changing the future of Wapping forever, delivering a remarkable new destination that Londoners are falling in love with. Based on the creativity of renowned architect Patel Taylor, this historic dockside development builds on the area’s history to create a modern new district. With 7.5 acres of open space including bars, restaurants and boutique shopping, the focal point will be Gauging Square with a spectacular water feature inspired by Le Miroir d’eau in Bordeaux. Close to the City, Canary Wharf and the business hubs of More London and Tech City this is the most desirable location in central London. London Dock Wonderful Wapping Amenities An increasingly alluring trait of new build apartments is the amenities they come with. A CBRE survey recently found the convenience of having on site amenities, such as a pool and gym was highly desired. The most popular amenities are a concierge and a gym, with both being used by well over 80% of residents. And 69% of residents who didn’t have a pool wished they did! London Dock has taken all of this on board and offers an astounding 14,000sq ft of amenities, including: – The Club, a private residents’ club: – Resident’s lounge – Private screening room – Exceptional health and fitness suite: – Gymnasium – Swimming pool – Sauna – Steam room – Jacuzzi – Squash court – Virtual golf – Treatment room – A dedicated concierge service – Managed underground parking Getting around Located just a short distance from St Katharine Docks, London Dock is also within walking distance of a variety of transport hubs giving residents easy access across the city. Tower Hill Underground Station (District and Circle lines) – 0.5 miles Wapping Station (Overground) – 0.6 miles Shadwell Station (Overground and DLR) – 0.6 miles Whitechapel Crossrail Station (opening in 2018) – 0.9 miles – Journey times to Canary Wharf station cut by 10 minutes to 3 minutes – Journey times to Bond Street station cut by 13 minutes to 10 minutes – Journey times to Heathrow 1-3 cut by 15 minutes to 38 minutes London Dock 6–7 Wonderful Wapping London Dock overview Wapping’s rich maritime The local area Connectivity Demographics and demand As a result, the City and its border are for homes dominated by the socio-economic group history and riverside London Dock is situated in the heart of the With the City and East London on the Wapping is extremely well connected. It known as ‘city prosperity’, one of the location makes it one of capital, moments from Tower Bridge, The doorstep, and the glorious South Bank is located within walking distance to the Wapping is located in the borough of highest earning cohorts. They typically Tower of London, St Katharine Docks and across the river, London Dock is in a City of London financial centre also with Tower Hamlets, right on the border of the work in high-status positions in key London’s most desirable the City. Positioned on the north bank of commercial and tourism hotspot. quick access to Canary Wharf via City of London. The population of Tower financial and professional organisations places to live. With the City the River Thames, the immediate area Docklands Light Railway. A short walk from Hamlets currently stands at 295,200. and command substantial salaries. combines modern city living with the The City of London is just a stone’s throw Tower HIll, Wapping and Aldgate East This follows growth of 38% since 2005, of London within walking historical riverside and cobbled streets from London Dock. This bustling stations means the rest of the city is also the highest rate of population growth in The tech industry is also bringing a new wave distance, demand for of Wapping and St Katharine Docks. cosmopolitan quarter features some of easily accessible. In addition, the area London. This trend is expected to continue of these residents to the area. As a result there the world’s most iconic buildings and benefitted from the opening of the new with a further 65,000 increase over the ten is a high proportion of high earners (£60,000 homes is extremely high, Wapping is a truly authentic destination, leading international organisations, Overground station line in 2010, providing a years to 2025. Overall, London has a severe pa+) in the area. The population is also which has resulted in a 59% filled with independent cafés and restaurants, reflecting its status as a global centre. north-south connection for Wapping. undersupply of housing but this is even more relatively young with more than 40% of whilst St Katharine Docks, Central London’s acute in Tower Hamlets. The pronounced high-earning residents in the City and increase in prices over the only marina, is home to a collection of A stroll over the iconic Tower Bridge leads Close proximity to Whitechapel station, population and household growth is exerting neighbouring districts between 18 and 35 last five years. high quality offices, restaurants, bars, to the South Bank with its fashionable mix where the new Crossrail line will open in pressure on the borough’s housing stock years old. More than 40% of high-earning shops and homes. of chic bars, fine restaurants and cultural 2018, will soon provide Wapping residents which has been fuelling price inflation. residents (£100k+) in the neighbouring venues. Here the Tate Modern, Shakespeare’s with a fast link to Heathrow Airport. Overall, districts are between 18 and 35 years old. St Katharine Docks, home to around 400 Globe, the National Theatre and the Royal the introduction of Crossrail will translate The demand for housing in Wapping itself This compares with approximately a quarter in residential homes and 10,000 local Festival Hall sit alongside the artisan delights into a reduction in journey times of more is high. It is adjacent to the employment the City and traditional prime central London. workers, is a destination in its own right. of Borough Market, whilst some of London’s than 50% from Whitechapel to some of the hubs of the City, Canary Wharf and More Boasting 1,000,000 sq ft of office space best bars enjoy the stunning backdrop of main stations on the network. A journey to London as well as close to the newly formed House prices and growth along with shops, restaurants and other the River Thames. Bond Street, in the West End, for example, Tech City, where the employment is growing recreational facilities. will be reduced from 24 minutes to just 10 fast. However, growing employment sectors Wapping’s rich history and prime riverside minutes. It will take a mere 3 minutes to get is not the whole story. The City and location combined with its great connectivity, Directly adjacent to London Dock is the to Canary Wharf From Whitechapel. surrounding areas have transformed in has translated into a strongly performing thriving business hub Thomas More Square, recent years. Previously run-down housing market. Over the last five years, the a well-established development with over neighbourhoods, including Wapping have average price has increased by 59%, 520,000 sq ft of office and retail space, and a been gentrified and are now extremely equating to 10% per annum. With an average local workforce of approximately 5,000. Expected house price growth fashionable. As a result, homes in the area sale price of £815,000, homes in the area over the next five years are highly sought after. Neighbourhoods command a 57% premium over the wider close to the City draw residents from across borough average. The demand for new London, including the employment hubs of homes is high, with 58% of all residential Canary Wharf and the West End, as well as units under construction already sold 19% the City, where salaries average between off-plan. Only 2% of recently completed £50,000 and £80,000 per year. stock remains unsold. London Dock Wonderful Wapping At the heart of it all 1 London Dock, E1 8 Bank of England 15 Global technology company 2 Norton Rose Fulbright 9 BT 16 Global technology company 3 Ernest & Young 10 Unilever 17 J.P. Morgan 4 Hitachi Consulting 11 London Stock Exchange 18 Clifford Chance 5 PWC 12 Expedia 19 Citi 6 Aon Hewitt 13 Global technology company 20 HSBC 7 Lloyd’s of London 14 Bloomberg 21 Barclays 13 12 The City fringe and Tech City 14 16 9 15 11 8 6 7 10 The City Canary Wharf 1 21 3 4 19 20 More London 5 2 17 18 More London The City The City fringe and Tech City Canary Wharf – 13.5 acres located on the River – Employing over – Office take up increased by – In excess of 105,000 people Thames adjacent to City Hall 400,000 people 48% since 2009 work at Canary Wharf and Tower Bridge – Employment forecast to grow – Home to more than 10,000 – 14 million sq ft of office and – A mixed-use business district by 50,000 people by 2026 technology businesses retail space and a recognised art and performance destination – Ranked at the worlds No 1 – Employing more than – Headquarters to numerous Global Financial Centre 70,000 people major banks and media – Close to London Bridge companies Station (Main trainlines – Home to more than – Generating £12.5bn of revenue and Underground) 18,000 businesses – When complete Canary Wharf will be one of the largest – Contributing an estimated Crossrail stations £45bn (GVA) to the UK’s national income – Nearby City Airport serves approximately 10,000 customers daily and connects to over 50 destinations London Dock 10–11 Wonderful Wapping City lifestyle City working London Dock is perfectly The City, London’s most historic district, The City of London also sits on the doorstep The City, or Square Mile, is The City is one of London’s prime business Percentage of UK financial services GDP has been dramatically transformed in recent of Shoreditch.