Fulham wharf development set to deliver over 270 apartments and new logistics site

Henley Investment Management has secured consent for the redevelopment of Albert and Swedish Wharf in Fulham, one of the last remaining undeveloped riverside locations on the River Thames.

The scheme will transform the underutilised two-acre site by Wandsworth Bridge on the north bank to provide a 55,000 sqft last mile logistics facility on the River Thames. The development will include the new wharf and ancillary office space will be provided to support day to day activity.

Cargo boats will bring goods up the River Thames to dock in the scheme’s newly operational ground-floor wharf, enabling them to be sustainably distributed across London. The planning application includes a new jetty to improve capacity for handling waterborne cargo.

According to the latest data from Knight Frank, the UK could need more than 112 million sq ft of new industrial and logistics floorspace, the area of more than 1,700 football pitches, over the next five years, with London expecting to see the strongest growth (6.7 per cent vs current stock). 

Around a quarter of all retail sales are now made online and finding sufficient warehouse space to handle demand is a significant challenge for retailers. Alongside an operational wharf, the site will be transformed into a cluster of six to 17-storey residential buildings with 276 apartments.

The apartments will range in size from studio to four-bed and 35 per cent of the new homes will be affordable, a mix of social rent and intermediate rent. The new apartments will benefit from a prime riverside location and each apartment has a private balcony or terrace.

The development benefits from excellent sustainability credentials, including optimised passive energy measures, a 5th generation heat network, and improvements to land and marine biodiversity. 

A café or restaurant on the upper courtyard will open out onto the Thames Path, which has been extended as part of the proposals to provide public access along this stretch of the river.

Ian Rickwood, Chief Executive, Henley Investment Management, commented: “This scheme is a prime example of how underused brownfield land can be repurposed to help meet housing needs in London. 

“The development will completely transform this part of the riverfront and the continuation of the Thames Path will create riverside access for new residents and the existing community.”