The 5,000m2 masterplan directly adjacent to Canary Wharf will deliver 1,400 new homes and provide new retail, recreational and community spaces.
Central to the masterplan is a new community park, which will provide better access to the River Thames waterfront as well as a new canal.
Chief operating officer of Wood Wharf Limited Partnership, Damian Wisniewski said: ‘Wood Wharf is a key strategic regeneration project for London, complementing both the Thames Gateway and the development of the Olympic zone and further enhancing Canary Wharf’s reputation as one of the world’s most vibrant business centres.
‘The site has the potential to deliver thousands of new jobs, some of the best located and designed affordable housing in the country, a significant new community park for the Isle of Dogs and a world-class waterfront.’
An outline planning application will be submitted early next year.