Ballymore JV to start £600m London ‘mini Manhattan’
Work is slated to start before the end of the year on the second phase of the 12-acre London City Island residential high-rise scheme in Leamouth Peninsula, East London.
Developer Ballymore’s joint venture with Malaysian investors Eco World Development Group aims to start work on two blocks in the 1,145 apartment scheme dubbed London’s mini Manhattan.
The Malaysian’s bought a 75% stake in the development at the start of the year and will press ahead with phase 2 after pre-selling 80% of the first 417 apartments.
Glenn Howells Architects are responsible for London City Island’s architectural design, which includes, using a single striking colour in glossy brickwork for each of the buildings.
The public amenities include landscaped parks, heated outdoor swimming pool, concierge services, gym, food and beverage outlets and spa. Residents will have exclusive access to The City Island Arts Club, a private residents’ club.
The joint venture also yesterday announced a ground-breaking deal with English National Ballet to take rehearsal space in the London City Island scheme.
Aaron Morby | Tue 2nd June | Construction Enquirer