Docklands developer and partners Manhattan Loft Corporation and Hammerson are keen to develop £2bn British Waterways site next to Canary Wharf...
Developer Canary Wharf has made the shortlist to develop Wood Wharf, a huge £2bn project next to its main developments at Canary Wharf.
The group is one of four developers to make it to the final round of bidding for the 8ha site, which is owned by British Waterways.
The other developers are British Land, Grosvenor and Stanhope, who are developing the Stratford City project in East London.
Canary Wharf is working in partnership with fellow developer Ballymore Properties and the Manhattan Loft Corporation.
The final development will feature 3.5m sq ft of office and retail space, as well as 1,000 flats. London Mayor Ken Livingstone said earlier this year that he expected Wood Wharf to attain 50% affordable housing when complete.
The scheme caused a stir earlier this year when Paul Reichmann, founder of Canary Wharf, emerged as a candidate to build the scheme through the company IPC Advisers.
IPC pulled out when questions were raised over the propriety of Mr Reichmann competing against the company he founded while still an executive there.