Greenwich Peninsula: a new way to live in London
Riverfront apartments are now available at London's largest single-owned development project from Hong Kong's Knight Dragon.
One of Europe's largest urban regeneration projects is well underway and already welcoming its first residents. The £8.4 billion (HK$92.7bn) Greenwich Peninsula in London is transforming 150 acres of former docklands into a vibrant mixed-use district in the east of the UK capital.
Surrounded on three sides by the River Thames, this ambitious development includes seven residential neighborhoods, waterfront promenades, abundant green space and a cutting-edge Design District that will establish Greenwich as a new hub of innovation in Europe.
Greenwich Peninsula is the latest project from Knight Dragon, the development team founded and backed by Dr. Henry Cheng Kar-Shun and led by Sammy Lee. Their previous London project, The Knightsbridge, was named Residential Development of the Year at the 2006 Property Awards, and this new project follows the same lifestyle-led approach.
Covering an area twice the size of Soho, the entire regeneration is expected to take over a decade to complete, although four residential neighborhoods are already on track for completion in the next few years. Research from Jones Lang LaSalle (JLL) forecasts that property values and rental growth in this new district will outperform the Central London average over the next five years, making Greenwich Peninsula a hot ticket for local and oversea property buyers.
Greenwich Peninsula is London's largest regeneration project under a single developer and undiluted vision. Knight Dragon chairman, Dr. Henry Cheng Kar-Shun, explains: “This is an incredible feat for a single company and we are proud to be creating a new destination which brings together innovative design, culture, education and community to create London's most boldly modern landscape.”
Once complete, the Peninsula will have created more than 15,000 new homes and 13,000 new jobs. Opening in 2020, the Design District at the heart of the development is a new creative quarter for London that will provide opportunities for artists, designers and other innovators to excel, alongside the UK's leading digital media university, Ravensbourne.
Greenwich Peninsula has also been designed with the needs of families in mind, featuring two new schools, a public park and 48 acres of green space. Peninsula Central is the district's buzzing retail and entertainment precinct, while the neighboring O2 Arena brings the world's biggest performers to your neighborhood.
Living in Greenwich puts London at your feet, with the Peninsula's own Tube station putting you just one stop from financial hub Canary Wharf and 14 minutes from London City Airport for international connections. If you prefer to take the scenic route, you can catch a Thames Clipper river taxi from your front door.
Landscaped waterfront living
One of the seven neighborhoods at Greenwich Peninsula that's preparing to welcome its first full-time residents is Upper Riverside, a collection of five residential towers in the north-east of the development, right next to the Design District.
Designed by SOM architects, the innovators behind Shanghai's Jin Mao Tower and Dubai's record-breaking Burj Khalifa, these shimmering glass prisms are the newest addition to London's iconic skyline. The apartments at Upper Riverside are no less inspiring on the inside, with panoramic views of the city and the river, high ceilings and unique interior design schemes for each building by world-renowned talents like Sophie Ashby.
All residents have exclusive access to luxury amenities at the Upper Riverside Club, including dining and meeting rooms, a private cinema and games room, as well as a swimming pool, gyms and other wellness and relaxation facilities at Renew by Tom Dixon. Roof gardens above and pavement cafes below provide the foundations for building a new waterfront community.
Find out more at the Upper Riverside exhibition
Knight Dragon is bringing Greenwich Peninsula to Hong Kong for the first this month, with the launch of 126 apartments and penthouses at No.3 Upper Riverside. Prices start from £550,000 (HK$6,086,960).
Hong Kong property investors who want to know more about this opportunity can attend JLL's No.3 Upper Riverside launch from Friday 20th to Sunday 22nd April.
Date: 20-22 April 2018
Venue: Tian & Di Room 7/F The Landmark Oriental, 15 Queen's Road Central, Hong Kong