Singapore developer Frasers Property (UK) has gained planning permission for a landmark £130m apartment building next to the Thames in London’s Wandsworth area.

Its marks the final phase of the firm’s Riverside Quarter scheme and will provide 172 mixed-tenure flats with ground floor commercial premises.

Fronting onto the Thames and River Wandle, the landmark crescent-like glass, steel and aluminium panelled apartment building is one of the largest most significant residential planning permissions granted in Wandsworth for several years.

The latest building is the final stage of Frasers Property’s 10-year regeneration of the former Shell oil terminal, originally the site of a Victorian milliner’s factory.

Simon Lear, chief executive of Frasers Property (UK), said: “Over 80% of Riverside Quarter is now successfully built and sold providing a community of homes, shops and leisure facilities fronting onto the River Thames.

“This landmark building has been highly anticipated as it completes the project and provides a new collection of desirable Thameside homes. We anticipate launching the building in early 2018.”

Source: Construction Enquirer.

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