Tuesday, 23 June 2015
Weston Homes and Cathedral Group develop €168.2 mln residential scheme (UK)
Weston Homes, in a joint venture with Cathedral Group, a wholly owned subsidiary of Development Securities PLC, are transforming the historic 1.2 acre Telegraph Works site in Greenwich, into a new £120 mln (approx. €168.2 mln) residential address providing 272 new homes, including apartments and houses, set within landscaped grounds.
Weston Homes and Cathedral Group are working together to add a new chapter to the history of the site. Cable shops and warehouses are being replaced by a landmark development providing some 18,427 m²
of residential accommodation.
The centerpiece of the new development is four apartment buildings, a landmark 18 storey tower and three eight storey buildings, which will provide 256 stylish one, two and three bedroom apartments and penthouses ranging from 51 m²
up to 111.5 m² in size.
The 18 storey residential tower will have floor to ceiling windows and recessed balconies. The architecture features a striking brise soleil made from coloured and rendered panels, giving the facade a mosaic-style theme. The other apartment buildings have similar mosaic-style facades and floor to ceiling windows opening onto outside balconies.
Bob Weston, Chairman & Managing Director of Weston Homes said: “Weston Homes and Cathedral Group are transforming this first class Greenwich peninsula site into a landmark residential address which will deliver desperately needed homes to the local community and Londoners from further afield. This project is a flagship London development for the joint venture partners and has a luxurious specification with a range of option choices for the designer fixtures and fittings.”
Source: Weston Homes