As Sifton Properties proposes nearly 1,100 new homes on a parcel of northeast London land near Fanshawe Conservation Area, the size and shape of the Forest City, long known for its slow growth, is in the midst of a dramatic overhaul.
As Sifton Properties offers nearly 1,100 new homes on a parcel of northeast London land near Fanshawe Conservation Area, the size and shape of the Forest City, long known for its slow growth, is in the midst of a dramatic overhaul. Reporter Norman De Bono looks at several of the other big-ticket developments that are planned or already underway
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LEGACY VILLAGE
Old Oak has begun work on the largest single residential development in London – one that will include 6,370 homes built on the 160-acre (65-hectare) site in east London. The former London Psychiatric Hospital site on Highbury Avenue, between Dundas and Oxford streets, will include several highrise towers and more than 120 single-detached homes as well as parks and green space.
BEAVERBROOK
Esam Group wants to build 3,817 homes, all in residential highrise towers and townhouses, at 323 Oxford St. and 92 and 825 Proudfoot Lane in west London. With a construction value of more than $1 billion, the massive development would add 51 buildings including 18 highrise towers on a 37-hectare (91-acre) plot of land between Fleetway Bowling and Cherryhill Village Mall. It’s scheduled to go to city politicians for approval in June and if green-lit would be built from 2026 to 2035.
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50 KING ST.
York Developments has received city council approval to build a landmark $400-million project consisting of 53- and 43-storey towers with 800 units at the forks of the Thames in downtown London. It will also feature a four-storey commercial podium of 13,785 square feet (1,280 square meters) and 550 parking spaces. York paid $30 million when he bought the land, adjacent to the historic old courthouse, from Middlesex County in 2019.
CLARENCE SQUARE
Ayerswood has opened and is leasing the 25-storey tower 195 Dundas St. in downtown London. It offers 139 one-, two- and three-bedroom apartments. It’s the first of three towers to be built on the site of the former London Mews shopping plaza near the Dundas-Clarence streets intersection in a former longtime parking lot. The three-phase development will offer about 700 units for rent when completed.
CENTRO
Old Oak is now renting the first phase of its three-tower development at Talbot and Fullarton streets downtown, which will total about 650 units when completed. The first 250-unit tower is renting now and two others are expected to be built in 2025 and 2026.
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