Chinese developer Greenland Group has purchased the sites of two proposed two high-rise developments in London for £1.2 billion. This is the first acquisition in Europe by Greenland Group, which is one of the largest developers in the world.
Greenland Group, the Chinese state-owned developer who recently made a splash by entering a joint venture partnership with Forest City Enterprises in New York on the Atlantic yards site, has purchased the 7.75 acre Ram Brewery site in London’s Wandsworth town centre and another site in Canary Wharf for £1.2 billion from developer Minerva.
Iain Withers reports the Greenland’s Groups plans for the Ram Brewery site: “The Wandsworth site has outline planning permission for a 36-storey tower incorporating 166 flats and 9,500 sqm of commercial space for new shops, cafes, bars and restaurants, alongside 661 new homes and restoring some of the historic brewery buildings.”
The plans for the Canary Wharf will become London’s tallest luxury residential building, totaling 98,000 square meters of development.
Zhang Yuliang, chairman and president of Greenland Group, cited London’s role as global financial center, as well as an open and mature city, as the reasoning behind the decision to enter Europe through London.
FULL STORY: Chinese developer buys two London tower developments
New Transit Systems of 2010
Garrett Bradford of TheCityFix reviews some of the most innovative and sustainable transit systems from around the globe that made their debut over the last twelve months.
Study: London ULEZ Rapidly Cleaning up Air Pollution
Expanding the city’s ultra low-emission zone has resulted in dramatic drops in particle emissions in inner and outer London.
Dockless Bikes Seized as City of London Cracks Down on Parking
Lime and Forest paid £25,000 in fines to retrieve their property and are negotiating solutions with transportation authorities.
Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Canada vs. Kamala: Whose Liberal Housing Platform Comes Out on Top?
As Canada votes for a new Prime Minister, what can America learn from the leading liberal candidate of its neighbor to the north?
Washington State’s Parking Reform Law Could Unlock ‘Countless’ Acres for New Housing
A law that limits how much parking cities can require for residential amd commercial developments could lead to a construction boom.
Wildlife Rebounds After the Eaton Fire
Following the devastation of the Eaton Fire, the return of wildlife and the regrowth of native plants are offering powerful signs of resilience and renewal.
LA to Replace Inglewood Light Rail Project With Bus Shuttles
LA Metro says the change is in response to community engagement and that the new design will be ready before the 2028 Olympic Games.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Central Transportation Planning Staff/Boston Region MPO
Heyer Gruel & Associates PA
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Regional Transportation Commission of Southern Nevada
Toledo-Lucas County Plan Commissions