London City Island launches its latest residential units.
Situated on Leamouth Peninsula, the 22nd July launch will give prospective buyers the opportunity to find out more about a range of new properties for sale on the island – including suites, one, two and three bed apartments, with prices starting from £432,500.
The 37 new units form part of the islands’ 1,700 homes on the 12-acre development. Benefiting from stunning alfresco spaces and striking surroundings the island has an iconic backdrop of The O2, Canary Wharf and the City. Whilst residents will enjoy all the benefits of riverfront ‘island living’, they will only have to cross the new 260ft red footbridge, which spans the River Lea to connect the development to the rest of London. This new link, constructed by Ballymore, will allow residents to reach Bond Street in just 20 minutes via the Jubilee Line and DLR at Canning Town.
Recently awarded the top prize at the London Evening Standard New Homes Awards, London City Island is the latest chapter in the Docklands success story. Central to Canning Town’s exciting regeneration programme, City Island represents a strong opportunity for investment. East London is fast becoming the Capital’s property hot spot, with the creative energy of Shoreditch and Hackney extending to the surrounding areas with exciting residential and business developments on the rise. The introduction of Crossrail in neighbouring Custom House will only increase the investment appeal of City Island’s latest apartments further.
Building on East London’s cultural vibrancy, the Island will become one of the Capital’s most exciting and inspirational places to live. EcoWorld Ballymore recently announced that the London Film School is relocating to the island, joining English National Ballet and English National Ballet School who are also making their new home on the island, cementing the island’s position as a hub for the arts. In addition, east London’s contemporary art walk, The Line, will extend to the island.
The island’s first phase, by Ballymore, is now complete and occupied with the first restaurant tenant, The Island Grocer, now open. Island residents will automatically become members of the City Island Arts Club, the island’s own private residents’ club which includes a striking red swimming pool of bright, seafaring red tiles - the trademark hue which appears throughout the island. Phase two, a joint venture between EcoWorld and Ballymore, is currently under construction.
Commenting on the launch, John Mulryan, Managing Director of Ballymore Group, said, “We are delighted to announce the release of new residential units at London City Island. Having welcomed a vibrant mix of residents and tenants, we are confident in the development’s position as a place to invest in and call home.”
Cheong Heng Leong, CEO of EcoWorld UK added: “The new homes are the latest addition to London City Island’s vibrant community. We are excited to showcase the unique appeal of Island living at the 22nd July sales launch and look forward to welcoming people to the development.”
-Ends-
Notes to Editors:
Pricing:
Starting prices are as follows:
• Suites from £432,500
• 1 beds from £493,000
• 2 beds from £640,000
• 3 beds form £770,000
For further images or information on London City Island please contact:
Lucy Fisher
lfisher@ballymoregroup.com
020 7510 9100
About London City Island:
London City Island will comprise 1,700 new homes set on an island of 12 acres, with independent artisan restaurants, shops, creative hubs and al fresco spaces. The development takes its inspiration from the area’s maritime heritage, with bold primary colours and making use of its waterside surroundings with river walkways.