The joint venture partnership between CDL and leading UK residential and mixed-use developer Galliard Homes, has completed the acquisition of the 13.8-acre Morden Wharf development in the Royal Borough of Greenwich in southeast Greater London.

The partnership acquired the site from LandsecU+I and the Morden College charity, with hybrid planning permission secured in September 2022 for a residential-led mixed-use scheme.  The proposed development will comprise 12 blocks, up to 36 storeys, delivering around 1,500 new residential units, offering residents stunning 360° views that overlook iconic landmarks such as the River Thames, Canary Wharf, and The Old Royal Naval College in Greenwich.

The Morden Wharf development will include 186,000 square feet (sq ft) of commercial floor space, which can accommodate logistics, industrial, and flexible creative workspace units. The site will feature 50,000 sq ft of retail, restaurant, community, and convenience spaces, fostering a vibrant and well-rounded community atmosphere.

Notably, the development boasts a 275-metre riverside frontage with an enhanced Thames Path, and a unique 3.9-acre riverside park, ensuring ample green spaces for residents and visitors. A riverside pier will provide access to the new Uber Boat by Thames Clippers service, further enhancing transportation options in the area.

This acquisition marks the first partnership between Galliard Homes and CDL, bringing together two leading developers with over 90 years of combined experience and strong expertise in delivering sustainable developments within which communities can flourish and grow.

Mr Stephen Conway, Executive Chairman at Galliard Homes, says: "Galliard Homes is delighted to announce our partnership with CDL, to provide much-needed homes within Greenwich. CDL's worldwide reputation as an industry leader, marked by their commitment to delivering first-class development across numerous asset classes, aligns with our values. We hope this will be the first of many more future projects together. We thank LandsecU+I and Morden College for their active support and collaboration. We look forward to turning their exciting plans into a new landmark scheme for London”.