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E14 Living

issue 1: AUG/SEP/OCT 2011

@ Millennium Harbour

Shaping the skyline

How Millennium Harbour became one of the island’s most sought-after addresses

Bow Cross West

Eco chic goes east at Bow’s new sustainable development

Battery recharge

Win annual membership to the Battery Club on us

www.alanselby.co.uk

Alan Selby & Partners, Millennium Harbour 22 Westferry Road, London, E14 8LW


E14 Living

Recharge Your Batteries

Canary Wharf’s first member’s club opens its Starck-designed doors Formerly the East London outpost of Nobu, and sitting pretty in the grounds of the Four Seasons Canary Wharf in a building designed by Philippe Starck no less, the Battery Club is – rather astonishingly – Canary Wharf’s first private members’ club. Situated over two floors, there’s a relaxed members’ lounge on the fourth floor – sit back and enjoy expertly-mixed cocktails – while down on three is a late-night drinking den, social club and a restaurant presided over by chef Nick Cuadrado. Head over for the all-day Westferry breakfast, partake in a Piggy Plank with a few glasses of beer, or share one of Nick’s feasts: a central plate accompanied by side dishes. Sister venue to Alphabet City at The 02 and the Gresham Club in the City, the three locations are perfect for client entertainment, post-work drinks or downtime with friends.

DETAILS : 4 Westferry Circus, London, E14 8RR Tel: 0208 305 3099 www.thebatteryclub.co.uk

We are giving away a year’s membership at the Battery Club, worth £200. This will allow you to sign in three guests with more possible by prior booking. Send an email with the subject ‘BATTERY’ with your name and your contact telephone number by 30 September 2011, to: info@alanselby.co.uk For terms & conditions, visit our website: www.alanselby.co.uk

!

WIN

Bow Cross West: Phase 1 Sold Out

DETAILS: For more information, call the Alan Selby & Partners office: 020 7519 5900

Jazz Hands Fast becoming one of the must-attend summer events in London, Canary Wharf’s free jazz festival takes place from the 13th to the 15th of August in Canada Square Park. Three days of modern and traditional jazz will be filling the air, with established and up-and-coming acts including Robert Mitchell, Alex Wilson, Matthew Halsall, The Baker Brothers, Ruby Turner and Natalie Williams taking to the stage.

DETAILS: www.mycanarywharf.com

AUGUST Bootleg Beatles: The world’s best Beatles tribute act take to the stage in Canary Wharf for another excellent Twilight Delights event. 24 August Music from The King’s Speech: London Symphony Orchestra perform music from the hit British film. www.mycanarywharf.com 16 August

SEPTEMBER Greenwich Comedy Festival: Now in its third year, this year’s big name line-up includes Russell Howard, Bill Bailey, Jo Brand, Seann Walsh and Rich Hall. 5-11 September, www. greenwichcomedyfestival. co.uk

Development Focus Despite the market’s tendency towards erraticism, and even though first-time buyers have been seen to be holding back until there is more confidence, it’s testament to a project’s foresight and advances that it sells out in record time. Bow Cross West, set in the heart of the historic East End, with enviable transport links into Central London, Canary Wharf and to the Olympic site, is an eco-friendly development made up of stylish apartments. Just three months after its launch, Phase 1 of the development has sold out – a combination of space, great location and eco-credentials has clearly ticked buyers’ boxes. Phase 2 launches in September, so to register your interest and to preview on these units, contact us.

Diary

Design For Life The hugely successful London Design Festival, now in its ninth year, returns for another nine days of showcasing the finest in British design with over 250 exhibitions and one-off events all across the capital. The Festival has commissioned landmark design installations by renowned British architects and designers across the city, including at the V&A Museum, the host venue, and, for the first time, St Paul’s Cathedral. To emphasise a truly London-wide event, showcase exhibitions will focus on six design districts which includes the Clerkenwell Design District and the Shoreditch Design Triangle out east.

DETAILS: 17-25 September londondesignfestival.com

Open House London: Hundreds of great buildings open their doors to all. A quarter of a million people take part and get under the skin of London’s amazing architecture. 17 & 18 September www.londonopenhouse.org The Lunch Market: The market returns with a host of stalls serving global dishes including Argentinian steak sarnies, French raclette and fresh tacos. 27 September, from 11am Canada Square Park

OCTOBER Hawksmoor Guildhall: Huw Gott and Will Beckett’s steak empire opens its third outpost on Basinghall Street, EC2. www.thehawksmoor.co.uk The 02 highlights: October sees Britney, Katy Perry, Lee Evans, Arctic Monkeys and Snoop Dogg take over the Dome. www.theo2.co.uk


www.alanselby.co.uk

They’ve got it Made.com A

new internet company that bags the backing pennies of Lastminute. com’s Brent Hoberman is certainly worth a look. And when the shop window looks this beautiful, you know the founders are on to something special. Made.com is all about cutting out the middle men and offering prices that will outstrip those found on the high street. Offering Ikea prices for beautifully crafted pieces, the concept is brilliantly simple: designs exclusive to the site appear online and once enough orders have been placed, the designs are sent off to their workshops all over the world and made by hand and shipped back. Order time can be up to 15 weeks, so for prices up to 80 per cent cheaper than you’ll find anywhere else the only thing you’ll need is patience for your beautiful piece to arrive. We especially love this Boujis chair which is priced at an astonishing £169 – you’ll find equivalents on the high street for about £700. Other stunning items include beds, lighting, sofas and outdoor furniture. Made from sustainable materials, meeting high safety standards and with super-secure ordering online, we don’t think we’ll ever be buying furniture in-store again.

DETAILS: www.made.com

E14 Living Published by Resource Magazine on behalf of Alan Selby & Partners Words & Pictures Lisa Richards Design Christian Tate Business Rachel Seed www.resource-magazine.com

Welcome

Welcome to the first edition of E14 Living Alan Selby & Partners are proud to have been involved in the majority of the large-scale residential developments on the Isle of Dogs since the area’s regeneration began. Through this experience, as a company we have gained not just an enviable in-depth knowledge of the area, but also an unbridled enthusiasm and passion for E14. This first issue focuses on Millennium Harbour. I remember when I first inspected Millennium Harbour in 1987 and instantly recognised the potential of the land for residential redevelopment. The site was then called Regents & Batson’s Wharf and was occupied by Lennington’s Timber Yard. We were trying to acquire it on behalf of Kentish Homes Property Group, following their huge success with Cascades in 1986. Unfortunately, a ‘deal’ could not be reached prior to the onset of the recession in 1990. I eventually acquired the site, on behalf of Ballymore Properties Ltd., in 1997 following their award-winning development at Dundee Wharf. Millennium Harbour presented itself as a similar river-fronted development opportunity and together with the developers and CZWG Architects, Alan Selby & Partners conceived the concept for today’s apartments. If you have ever wondered why there are not that many apartments at Millennium Harbour compared to other schemes in the area, the answer lies in the architectural brief: we thought it was imperative that the majority of the apartments benefit from river views, even if this was detrimental to the density of units on the site. For this reason, the resulting buildings contain fewer apartments than the original planning consent allowed for! We hope you enjoy our first edition of E14 Living and this insight into the Millennium Harbour development. If you have any comments on our publication or memories of the development, we would love to hear from you. Please email us at: info@alanselby.co.uk Alan Selby


E14 Living

Looking to the future Over the course of the next few issues of E14 Living, we’ll be highlighting the incredible impact that Alan Selby & Partners has had on Canary Wharf. As one of the most established residential estate agents and development consultants in Canary Wharf, with more than 35 years of local market knowledge, we’ve seen the Island and East-End change dramatically. In this issue, we focus on the Millennium Harbour development, the first development in the area to combine bold architecture and modern technology. And, over a decade since its first residents moved in, it’s still one of Canary Wharf’s most sought-after locations.

W

All photographs ©Lisa Richards

hen plans began to be drawn up for Millennium Harbour in 1997, it was a trailblazer in luxury riverside living. Designed by leading architects CZWG on the basis of an urban design study by the London Docklands Development Corporation, the development is constructed on the axes of two long parallel streets at right angles to the river, resulting in stunning views framed by its dramatic buildings. Though thoroughly modern, the buildings intelligently reflect their location’s past: using motifs from the days when the Island was a thriving docks. When import and export ruled the waves of this part of the Thames, the strip of river now home to Millennium Harbour was frantic with the arrival of timber and steel from far-flung corners of the world. Millennium Harbour was completed in Spring 1999 and, remarkably, despite the pace of development in the area, remains one of the Isle of

One of the island’s first high-end developments, Millennium Harbour is still one of its most sought after

Dogs’ most desirable places to live, which is testament to its unparalleled views towards the City, the exceptional facilities, high security, and its enviable location. The shops, restaurants and entertainment facilities of Canary Wharf are minutes away and with the DLR, the Jubilee line, City airport and easy connections to M25, the area has one of Europe’s most advanced transport systems. When Crossrail opens in 2018, travelling across the Capital and the South East – and to the region’s transport hubs – will be even easier. Millennium Harbour is not just a gateway to one of the finest global cities, but also a gateway to the world. And with the Olympics site just minutes away, and Europe’s largest shopping mall in the shape of Westfield Stratford City due to open in September, it’s easy to see why properties here are in such demand. Millennium Harbour’s 1.97-hectare site comprises of six different buildings, boasts 300 metres of river frontage and comprises 267 apartments and a stateof-the-art health and fitness complex exclusively for residents. There is also ample parking and a 24-hour gated concierge system for the maximum in security for you and your home. Alan Selby & Partners are proud to have been actively involved with the development of this site since its inception. For sales and lettings opportunities at Millennium Harbour, please turn the page.

DETAILS: Call the office for more information on: 020 7519 5900 www.alanselby.co.uk


www.alanselby.co.uk

7

The number of people currently chasing each available rental room in the Capital Source: The Evening Standard, July 2011

Recession 6.7 proof?

Mortgage approvals are up by 6.7% in June 2011, compared to May 2011. Cynics say it’s for banks to meet lending targets Source: e-surve

90k THERE ARE 90,000 PEOPLE CURRENTLY WORKING IN the CANARY WHARF business distric

Source: Canary Wharf Group

£37.5

THE AMOUNT, IN MILLIONS, THAT THE RADISSON EDWARDIAN HOTEL IN CANARY WHARF IS ON THE MARKET FOR Source: Caterer & Hotelkeeper

In uncertain times, investors and house buyers are always looking for a safe bet. But is there such a thing? Our advice? To aim high... literally.

W

hile you’re never going to bag a penthouse bargain, by aiming high you can secure yourself a fine investment. While uncertainty sweeps through the market at street-level, above the melee, with their floor-to-ceiling windows looking down on the view, penthouse prices remain solid. So what constitutes a penthouse? Across E14, you’ll spy them: the larger, top-floor apartments, often duplex, sometimes triplex, sitting pretty atop the residential tower blocks that have forged the striking Isle of Dogs’ skyline. Also muscling in on this hotlist are the ‘sub-penthouses’, apartments trying to gain favour sitting on the floors just below the penthouses. And it isn’t just the wow factor views that draw buyers: often penthouses have larger dimensions than the flats that lie beneath, and will often boast special features including terraces, extra parking or lifts that go directly to the roof. You may also find that penthouses have better specifications in terms of their finishing: marble bathrooms, higher-spec kitchens, for example. Thanks to these features, they often command a premium price per square foot. As estate agents firmly established in the Canary Wharf business district, we are finding that it’s not just the bankers or the wealthy overseas investors that are attracted by high-end, high-rise living. People from all walks of life approach us: retired couples selling their country homes whose children have flown the nest; executives in the entertainment industry who are looking for bases from which to entertain clients and friends; and professional people who own property outside of London but are looking for a base camp for the working week, or even a weekend pad from which they can enjoy the city. The proof of the pudding is in the current state of the market. We are currently seeing an increasing number of high-end properties being sold in the E14 area, and we have agreed significant sales on several penthouses from The City to Canary Wharf this year.  It seems that the adage ‘good homes will always sell’ rings true: when a property is built to an incredibly high-specification, has the wow factor of wraparound views, a great finish, is architect-designed and has a superb location, it will spend very little time on the market. Add to that a waterside location, and you can begin to add a premium to the property’s value. So, while the term ‘recession proof’ is difficult to achieve, if you’re looking for a more resistant investment, we certainly recommend aiming high.

We are currently seeing an increasing number of high-end properties being sold in E14


E14 Living VANGUARD BUILDING £489,995 With a mix of spacious living accommodation and expansive views westerly across the river

Thames and Central London, this two-bedroom apartment is set in one of the most sought-after gated riverside developments in E14. The accommodation includes a large reception room with balcony and river views, fitted kitchen, en-suite to the master bedroom with a walk-in wardrobe, second bedroom and bathroom. The Millennium Harbour development offers a 24-hour porter, plus leisure facilities including a gymnasium and spa. The property is situated just 600 metres from Heron Quays DLR station and the Canary Wharf estate.

ADVENTURERS COURT £650,00

Offering breathtaking panoramic views taking in the River Thames, the 02 Arena, Greenwich, The

Island Life

City and Canary Wharf, this stunning three-bedroom penthouse offers spacious accommodation including a reception room with access to a large sun terrace (south and west facing, perfect for catching summer sun), a separate kitchen, re-modernised en-suite to the master bedroom (which also boasts access to its own south-facing sun terrace), second and third bedrooms with access to the sun terrace, plus a Jack and Jill bathroom. The property also has two secure underground parking spaces. The Virginia Quay development, in which Adventurers Court is situated, offers a 24-hour porter and is less than a mile from the Canary Wharf estate and its attractions.

Canary Wharf is one of the most vibrant places to live in London. Proximity to the River Thames, the Canary Wharf Estate’s enviable list of shops and restaurants, plus easy access to all parts of London and the nearby modern City Airport means that real estate here is not only a great investment opportunity, but the living is good, too. We have just the property for you...

Headline vdsmvhda hdavhds FERGUSONS CLOSE £244,995

Offering fantastic views across the River Thames, this top-floor, one-bedroom apartment is ideal for first-time buyers, investment buyers and those looking to purchase a pied-à-terre. The property consists of a reception room with Juliette balcony giving direct river views, separate kitchen and bathroom as well as a parking space. Fergusons Close is situated approximately 700 metres from Mudchute DLR station.

HUTCHINGS WHARF £389,995

Just 650 metres from Canary Wharf’s Jubilee line station, with spectacular views across the Thames towards the City skyline, this spacious two-bedroom apartment comprises a reception room with terrace, kitchen, en-suite to the master bedroom and a bathroom. The prestigious Hutchings Wharf development offers a day porter and secure underground parking.


www.alanselby.co.uk

PIERPOINT BUILDING £514,995 The property boasts spacious living accommodation with extensive views westerly across the river Thames and towards Central London. This two-bedroom, two bathroom

fourth floor apartment is set in one of the most soughtafter gated riverside developments in Canary Wharf. Accommodation includes a large reception room with balcony and direct river views, separate kitchen, en-suite to the master bedroom, and a second bedroom and bathroom. The property benefits from access to Millennium Harbour’s 24-hour porter and its leisure facilities, including a gym and spa.

Seacon Tower, £400 per week Situated on the sixth floor of a modern, sought-after development, this two-bedroom apartment benefits from direct river views from its balcony, parking, 24-hour concierge and leisure facilities.

Edison Building, £325 per week A stunning one-bedroom apartment, situated on the fourth floor of this renowned development, the apartment offers fully-fitted kitchen, wood flooring throughout, Juliette balcony with views over communal gardens and onto the River Thames, fitted wardrobes and a secure parking space. It is offered furnished. Millennium Harbour benefits from 24-hour concierge and leisure facilities.

To Let New Providence Wharf, £495 per week

This is a stunning two-bedroom, two-bathroom apartment situated on the 17th floor of this prestigious development. The apartment offers a fully-fitted kitchen, an en-suite to the master bedroom, a balcony with breathtaking views of the Canary Wharf skyline, plus a secure parking space. Benefits include 24-hour concierge and leisure facilities including a pool and gym.

Discovery Dock, £625 per week Set in a dockside development, this stunning eighth floor apartment benefits from two double bedrooms, two bathrooms, wood flooring and a modern kitchen. Its spacious reception leads to a balcony with farreaching views.

Ontario Tower, £1500 per week This stunning light-filled, threebedroom, three-bathroom penthouse apartment is set in the landmark development of Ontario Tower. The spectacular apartment set across 2300 square feet has stunning views of the Thames and City, as far as the eye can see thanks to floor-to-ceiling windows. Perfect for Docklands living, each bedroom has ample storage and all have stunning views.

For all sales and lettings enquiries, please contact the Alan Selby & Partners office: Millennium Harbour, 22 Westferry Road, London, E14 8LW Tel: 020 7519 5900 E: info@alanselby.co.uk W: www.alanselby.co.uk


www.alanselby.co.uk

New Homes, Residential Sales and Lettings

A LONDON

RESIDENCE WITHOUT COMPROMISE With unparalleled views above the 30th floor, The Panoramic Collection will be the premier residences at The Heron and the finest in the City of London. Finished to an exceptional specification with first class amenities, this is a collection for the most discerning.

Launching September 2011 For your private preview call 0844 544 4210 panoramic@theheron.co.uk www.theheron.co.uk A development by The Heron Residences LLP

E14 Living  

Quarterly newsletter for Alan Selby & Partners estate agents based in Canary Wharf

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