{"id":1004165934,"date":"2017-02-03T07:30:41","date_gmt":"2017-02-03T15:30:41","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004165934"},"modified":"2022-12-08T11:33:29","modified_gmt":"2022-12-08T19:33:29","slug":"plans-unveiled-for-1b-landmark-in-london","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/plans-unveiled-for-1b-landmark-in-london\/","title":{"rendered":"Plans Unveiled for $1B Landmark in London"},"content":{"rendered":"<p>By Evelina Croitoru<\/p>\n<div id=\"attachment_1004165939\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/Peninsula-PlaceI.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004165939\" data-attachment-id=\"1004165939\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/plans-unveiled-for-1b-landmark-in-london\/peninsula-placei\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/Peninsula-PlaceI-e1486385668306.jpg\" data-orig-size=\"722,528\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Peninsula PlaceI\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/Peninsula-PlaceI-e1486385668306.jpg?w=722\" class=\"wp-image-1004165939 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/Peninsula-PlaceI-e1486385668306.jpg\" alt=\"Greenwich Peninsula\" width=\"300\" height=\"219\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/Peninsula-PlaceI-e1486385668306.jpg 722w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/Peninsula-PlaceI-e1486385668306.jpg?resize=300,219 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004165939\" class=\"wp-caption-text\">Greenwich Peninsula<\/p><\/div>\n<p><strong>London<\/strong>\u2014Dr. Henry Cheng Kar-Shun\u2019s investment vehicle Knight Dragon has unveiled plans for a $1 billion project that will transform\u00a0London&#8217;s Greenwich Peninsula. The development will be designed by international architect and engineer Santiago Calatrava. Knight Dragon first <a href=\"https:\/\/www.commercialsearch.com\/news\/hong-kong-developer-invests-in-greenwich-peninsula-mixed-use-project\/\" target=\"_blank\" rel=\"noopener\">began its investment in the project<\/a> in 2012.<\/p>\n<p>\u201cMy ambition is for Greenwich Peninsula to be a unique cultural destination for Londoners and visitors to this global city. Calatrava&#8217;s contribution will help ensure that the U.K.\u2019s biggest regeneration project fulfills its potential to become just that,\u201d Sammy Lee, director of Knight Dragon, said in a prepared statement.<\/p>\n<p>The new project will modernize Greenwich Peninsula, London\u2019s single regeneration project and emerging cultural district. The scheme, known as Peninsula Place, will total 1.4 million square feet and include a new bus station, theater, cinema, performance venues, bars, shops and a well-being hub. Above the tube, three towers of workspace will rise, as well as apartments and hotels, all connected to the Thames by a new land bridge.<\/p>\n<p>Peninsula Place will be part of the Peninsula Central neighborhood and will include Peninsula Place by Calatrava and two buildings designed by master planners Allies &amp; Morrison, who also designed Greenwich Peninsula. Upon completion, the project will encompass a total of 800 new apartments, 200 of which will be affordable, adding to the hundreds of homes already built by Knight Dragon in the area.<\/p>\n<div id=\"attachment_1004165940\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/Peninsula-Place-II.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004165940\" data-attachment-id=\"1004165940\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/plans-unveiled-for-1b-landmark-in-london\/peninsula-place-ii\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/Peninsula-Place-II.jpg\" data-orig-size=\"970,546\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Peninsula Place II\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/Peninsula-Place-II.jpg?w=970\" class=\"wp-image-1004165940 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/Peninsula-Place-II.jpg\" alt=\"Greenwich Peninsula\" width=\"300\" height=\"169\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/Peninsula-Place-II.jpg 970w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/Peninsula-Place-II.jpg?resize=300,169 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/Peninsula-Place-II.jpg?resize=768,432 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004165940\" class=\"wp-caption-text\">Greenwich Peninsula<\/p><\/div>\n<p>\u201cThis shows that London remains open to investment, trade and the very best talent from around the globe,&#8221; London\u2019s Mayor Sadiq Khan said in a prepared statement. &#8220;This new landmark for London and the growth of this area of London will create a new cultural district for Londoners and visitors from around the world.\u00a0I am also pleased to welcome Knight Dragon&#8217;s continued investment in Greenwich Peninsula, providing much-needed infrastructure, shops, offices and new genuinely affordable homes for Londoners.\u201d<\/p>\n<p>The development project is part of a $8.4 billion transformation of the Peninsula that upon completion will provide 15,720 new homes in seven new neighborhoods.<\/p>\n<p><em>Renderings courtesy of Knight Dragon<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p> The development will be designed by international architect and engineer Santiago Calatrava.<\/p>\n","protected":false},"author":1055,"featured_media":1004517739,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,16,21783,21752,21742],"tags":[33829,33827,33831,33830,33828],"class_list":["post-1004165934","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-international","category-investment","category-mixed-use","category-latest","tag-greenwich-peninsula","tag-knight-dragon","tag-mayor-sadiq-khan","tag-peninsula-place","tag-santiago-calatrava"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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