British residential property developer Galliard Homes in a joint venture with Cain Hoy has unveiled plans for a high-rise housing development scheme in London's Canary Wharf worth £550m.
The residential properties are expected to be set-up over the next three years.
This Harbour Central scheme will be situated at 2 Millharbour Dock Basin on the Isle of Dogs in the UK capital.
Designed as a Manhattan-style 'vertical village' for Canary Wharf, the scheme will involve construction of 900 luxury apartments along with related facilities, including spaces for retail, commercial, leisure and parking.
Rolfe Judd is the designer for the project, which will have two iconic high-rise residential towers as its centrepiece, one with 41 storeys known as Maine Tower, and the other with 35 storeys.
Three other towers will be built eight, 24 and 27 storeys high.
While the towers with 41, 35 and 24 storeys will offer homes for private sale, the other two are likely to have intermediate and affordable rental accommodation.
Galliard Homes chairman and chief executive Stephen Conway said: "Harbour Central is a flagship development and the first major Canary Wharf project that we are undertaking in association with Cain Hoy.
"This significant investment will enable Galliard to expand our pipeline of new developments over the next three years in a focused and opportunistic manner, building on the success of its schemes to date."
Image: An artist's impression of the residential high-rise in Canary Wharf. Photo: courtesy of Galliard Homes Limited.