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 London scheme will transform the underutilized two-acre site by Wandsworth Bridge on the north bank to provide a 55,000-square-foot, 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 United Kingdom could need more than 112 million square feet of new industrial and logistics floor space, the area of more than 1,700 football pitches, d
