Henley Investment Management has secured planning consent for the redevelopment of Albert and Swedish Wharf next to Wandsworth Bridge in Fulham.
The scheme will provide a 55,000 sq ft last-mile logistics facility on the River Thames, with a new jetty to improve capacity for handling waterborne cargo, in addition to a cluster of six- to 17-storey residential buildings offering 276 apartments.
The apartments will range in size from studio to four-bed and 35% of the new homes will be affordable.
Ian Rickwood, chief executive of Henley Investment Management, said: “The redevelopment of Albert and Swedish Wharf is a truly unique opportunity to bring this site back into positive use. Not only does it provide much needed housing for London but also an operational wharf for last mile logistics, where demand remains high and having a site like this is incredibly rare. The River Thames has huge untapped potential for handling light freight and utilising the river more will help ease congestion and reduce pollution across London.
“This scheme is a prime example of how underused brownfield land can be repurposed to help meet housing need in London. The development will completely transform this part of the riverfront and the continuation of the Thames Path will create riverside access for new residents and the existing community.”
