22nd Jun 2020 13:16
U&I Group PLC - regeneration developer and investor headquartered in London - Submits planning application for GBP770 million gross development value Morden Wharf scheme in the Greenwich Peninsula. A planning decision is expected by the end of the year. Over the project's lifespan, development and trading profits are expected to total between GBP15 million and GBP20 million, with first gains predicted for financial 2022. The mixed-used scheme will deliver around 1,500 new homes as well as a landscaped park along the River Thames. "The plans could also provide a new permanent boathouse for the queen's royal rowbarge, Gloriana," U&I noted.
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By Anna Farley; [email protected]
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