Housing & Residential: London £1bn Westferry Printworks Redevelopment Set for Approval in London August 28th, 2024 Mya Driver The £1bn redevelopment of the former Westferry Printworks site in Tower Hamlets, London, is expected to receive approval today after nearly a decade of planning. Tower Hamlets council officers have recommended conditional approval of the scheme, which will include 1,358 homes, a secondary school, and commercial space near Canary Wharf. The project, managed by developer Northern & Shell with Mace as the development manager, is likely to become a focal point at construction networking events in London.If approved, the redevelopment will include 379 affordable homes and a total of 20,800 square metres of public space. The construction, expected to span seven years, will be executed in four phases, starting later this year. Subcontractor Erith has already begun demolition work on the site, which could feature at property construction networking events in London, as the project is a major development in the area.The planning process has seen several setbacks due to concerns over affordable housing and its effect on nearby heritage sites. However, with new planning conditions in place, including a £652,000 contribution towards construction skills training and a requirement for 20% local construction labour, the project is ready to proceed. This is a significant infrastructure project that might be discussed at future business investment events in London, attracting interest from property developers and investors.The Westferry Printworks redevelopment will include residential and commercial opportunities, making it a key topic at upcoming property networking events across the country. It also promises to meet sustainability goals, as the developer is exploring prefabrication methods for construction. To register your place at the UK’s biggest real estate and property festival, visit https://www.ukreiif.com/ukreiif-2025/