SKMC, a joint venture company including overseas investors, owns the long lease for the site at West India Quay, close to Canary Wharf in east London.
The leisure and retail component takes up 9000 m2 on six floors, including a restaurant on the top floor. Plans include a second restaurant, fitness club, swimming pool and indoor running track. The rest of the tower is divided equally between office and hotel use.
One person on the project said: “It’s rapidly approaching planning. At the moment, the instructions are to go to planning only. The idea is to build if the market’s there, but there’s no guarantee – there could be another 11 September.”
A spokesperson for the scheme said: “We have had positive initial discussions with the Greater London Authority and Tower Hamlets planners about what we hope will be a very significant and attractive addition to Docklands.”
The architect for the scheme is London practice DMWR, project manager is Construction Alliance, planning consultant is GVA Grimley and consulting engineer is John Allen Consulting.