Secretary of State Jonathan Reynolds joins CWG and Kadans Science Partner to mark the milestone.
One North Quay, London’s first purpose-built vertical science, technology and innovation campus, reached its 23-storey height at Canary Wharf today. CWG and Kadans Science Partner (Kadans), the campus developers, welcomed the Rt Hon Jonathan Reynolds as guest of honour to mark the milestone.
The campus will serve businesses at every stage of growth- from start-ups and scale-ups to global companies – with 570,000 sq ft of high-specification, future-ready workspace and laboratory space.
The campus will place 30,000 sq ft of shared amenities at its heart, bringing people together, supporting collaboration and enhancing the everyday experience. A rooftop terrace will offer panoramic views, while a lounge, boardroom, café and library will provide inviting spaces to meet, work, connect and recharge.
KPF conceived One North Quay as a “vertical campus” that provides flexible floorplates and future-ready infrastructure to enable fast-growing businesses to expand without the cost and disruption of relocating.
One North Quay will connect businesses with Canary Wharf’s investors and innovators, across its community of more than 180 start-ups and scale-ups including those based at the Kadans London Innovation Centre. One North Quay is adjacent to the Elizabeth line station and has access to world-class amenities, parks and waterside spaces all within a 10-minute walk.
CWG is jointly owned by Brookfield and the Qatar Investment Authority (QIA), long-term investors in Canary Wharf’s transformation into one of Europe’s leading mixed-use urban districts.
In addition to the official topping out of the building, debt financing has also been agreed with Barclays, National Wealth Fund and Emirates NBD to fund the continued development of One North Quay which is due to complete in early 2028.
Jonathan Reynolds, Secretary of State for Business, Innovation, Science and Trade said,“London’s constantly evolving skyline reflects the city’s strength as a centre of innovation, and the fact that companies from around the globe want to do business here.
The UK is a genuine world-leader in life sciences, and One North Quay will bolster that reputation, providing state of the art lab space for businesses to create the medicines and medtech of the future.”
Shobi Khan, CEO, CWG, said: “Today’s topping out is a major milestone for One North Quay and the UK’s science, technology and innovation sector. With Kadans, we are creating a campus where science, tech and AI businesses can start, scale and grow under one roof. Backed by new financing and connected to Canary Wharf’s community of more than 180 start-ups and scale-ups, One North Quay will give ambitious companies the space, connections and opportunities to succeed.”
Steijn Ribbens, CEO, Kadans Science Partner, said: “Topping out One North Quay brings us closer to delivering Europe’s tallest and most technically sophisticated purpose-built commercial science, technology and innovation campus — a home where businesses can grow and scale in the UK.
As a leading European developer and investor in science, technology and innovation ecosystems, Kadans creates specialist buildings that support tenants and the wider sector. One North Quay will help advance cutting-edge science, drive economic growth and reinforce London’s position as a leading global innovation hub.”
Elie Gamburg, Principal, KPF, said: “One North Quay is emerging as a building that brings people together, supports Canary Wharf’s evolution as an innovation district and shows that contemporary lab and tech workspace can be both sustainable and beautifully crafted. Its vibrant ceramic façades will create a warmer, more human-scaled model for innovation-led design.”
CWG and Kadans expect to complete One North Quay in early 2028.
Notes to Editors
Up to 60% of One North Quay can be delivered as level 2 (CL2) wet laboratory space. It can also accommodate up to level 3 laboratory containment (CL3), an undersupplied type of space in the London life sciences sector. The building will also have double height floors to support Good Manufacturing Practice (cGMP) spaces, which are also in limited supply in London.
About One North Quay
One North Quay is a fully electric building targeting EPCA and BREEAM Outstanding, with a technical specification designed for science, technology and innovation organisations, including enhanced power capacity, increased floor loading and advanced vibration control, alongside dual power supply and tenant generators for resilience.
About CWG
CWG is the developer of the largest urban regeneration project in Europe. CWG develops, manages and currently owns interests in approximately 8 million square feet of mixed-use space and over 1,800 Build to Rent apartments. Canary Wharf’s retail offering is ranked the UK’s number one shopping destination by Green Street.
CWG is committed to turning sustainability ambition into impactful action. Examples include purchasing 100% electricity from renewable sources since 2012, our partnership with the Eden Project creating a place for nature and people and working to deliver our Science-Based Targets.
CWG has created a vibrant mixed-use district where people can live, work, visit and thrive and enjoy all the benefits that Canary Wharf provides: great transport links, access to 16.5 acres of green spaces and waterside living; and a wide range of amenities including an award-winning arts and events programme and Eden Dock. Canary Wharf’s retail and leisure offer includes more than 330 shops with over 90 bars, cafes and restaurants as well as 8 grocery stores, pharmacies and health clubs all within 15 minutes’ walk. CWG recorded its highest annual footfall of more than 76 million in 2025.
About Kadans Science Partner
Kadans Science Partner is the European leader investing in the development of ecosystems and real estate with a dedicated focus on knowledge-intensive sectors. We focus on bringing people together to overcome global challenges. Therefore, we invest, develop and operate specialised assets to complement science clusters. Across Europe, we have built a network of clients, partner organisations, and innovative minds, active in Life Sciences & Health, Agri & Food, Chemistry & Energy and High Tech Systems & Materials. All determined to find solutions to the global challenges we face today. Currently already active in 30+ science clusters, our network continues to grow as we develop more locations and support more clusters across Europe.
www.kadans.com
Instagram: @kadanssciencepartner
LinkedIn: @kadanssciencepartner
For more information contact:
Ciara Martin, Emily Smart, Lucy Molloy
FTI Consulting
+44 (0)20 3727 1000