Pursuits
London’s Canary Wharf to Get Tallest U.K. Residential Tower
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A London developer plans to build the tallest residential tower in the U.K. on a site in the city’s Canary Wharf area.
Ryan Corporation U.K. Ltd. paid 100 million pounds ($160 million) for the site of the proposed skyscraper, the closely held company said yesterday in an e-mailed statement. The 242-meter (794-foot) high tower would be the tallest in London’s second-largest financial district and the apartments would have a total value of more than 1 billion pounds when it opens in 2018.