This substantial residential development opportunity is situated close to Tower Bridge, Shad Thames and the River Thames. It is currently light industrial and office buildings. A consent was obtained for demolition and erection of a part 6, part 9 storey building comprising 131 residential units plus commercial space and basement parking. A further application was submitted for consent of an additional 11 units. In 2010 Albany secured consent for a MAKE architects scheme of 154 residential units plus commercial space and basement parking.

The site also has potential for a super scheme development.