Upwards (for profit) – the silver bodgie strikes.

The Whampoa and Kowloon Dock company was founded by William Jardine of Jardine Matheson, shipbuilders, jade merchants and opium traders; Douglas Lapraik, watchmaker and shipbuilder; Thomas Sutherland Founder of the HSBC bank, managing director of P&O, member of parliament, leader of the Liberal opposition; and Jas Whittal, manager for Jardine Matheson (Feldwick 1917). Fortunes made from opium, or from the provision of port facilities to opium traders, facilitated vast wealth extraction. Skip a hundred years and the docklands need attention, enter the modern avatar: the Hutchinson Whampoa corporation is presently 49% owned by Cheung group, led by Li Ka-Shing since 1977, the 8th richest person in the world – it owns the 3 phone network, hotel chains apartment house, mining, telecommunications, philanthropist. And coming soon to Deptford…

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This below is just in from the Architecture Journal.

Boris approves Farrells’ £1bn Convoys Wharf scheme

The Mayor of London Boris Johnson has approved Terry Farrells’ £1bn Convoys Wharf scheme in Deptford, south east London

Farrell’s masterplan for the 40 acre site, which was submitted for outline planning back in May last year, includes 3,500 new homes, shops, restaurants, and public space.

A plea from the scheme’s developer Hutchinson Whampoa resulted in the application being ‘called in’ by Johnson back in October, after Lewisham Council’s 16 week period to make a decision expired.

Johnson said: ‘We need to build thousands of new homes in the capital and proposals to do that at Convoys Wharf have stalled for far too long. I am pleased that we have been able to work on a scheme that will have enormous social and economic benefits for local people while preserving the heritage aspects of the site.’

The planning approval includes a section 106 agreement which requires City Hall planners to meet with Lewisham and Hutchison Whampoa to come up with an alternative scheme for Sayes Court Garden, and to build a community centre with a primary school at the centre of the site.

The developer has also been requested to fund a feasibility study into the building of a replica of the Lenox warship which was built on the site, looking into how it can be incorporated into the regeneration of the historic site.

The site in Deptford which has been derelict for the past 14 years is said to be one of the largest potential sites for new housing in the capital.

 

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