Chinese Embassy to move to the Royal Mint Court site opposite St Katharine Docks
In a landmark transaction for London and in particular the London Borough of Tower Hamlets, it has recently been announced that the Royal Mint Court site on the opposite side of East Smithfield Road from St Katharine Docks has been sold by property investment advisory company Delancey & its joint venture partner LRC Group to the People’s Republic of China. The 5.4 acre site is set to become the new home of the Chinese Embassy. Based in Portland Place in the West End of London for the last 150 years the move to east London “will provide the new face of China in the new era” according to Ambassador Liu Xiaomong.
Planning consent had been secured from Tower Hamlets Council by the joint venture in February 2017 for redevelopment/refurbishment which was to have provided high specification office accommodation together with new retail & leisure space. FOSKD took an active part in the public consultation process for that scheme and we look forward with interest to see what the revised plans for the site will comprise of. Some time ago the Chinese Company ABP bought what was the Royal Albert Docks comprising of almost 2km of riverfront for offices, homes and shops. That scheme is due to be completed in March 2019.