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Ballymore Group The New Providence Wharf is a residential development in the Blackwall district of the London Borough of Tower Hamlets , at the north end of the Blackwall Tunnel . It was designed by Skidmore, Owings and Merrill [ 1 ] and is managed by Ballymore , a property development company.
Ballymore Group's UK managing director is John Mulryan, who is a son of the founder. [ 2 ] [ 3 ] In January 2015, Ballymore announced a deal with Malaysian property investment company, Eco World, in which Ballymore sold its Wardian London , Embassy Gardens and phase two of its London City Island development to Eco World for £428m.
On 16 February 2012, Wandsworth Council approved Ballymore Group's plans for the 15-acre development. Embassy Gardens was intended to provide "up to 1,982 new homes alongside shops, cafes, bars, restaurants, business space, a 100 bed hotel, a health centre, children's playgrounds and sports pitches".
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It was built by property development company Ballymore [2] and designed by architects Skidmore, Owings and Merrill. [3] [4] The Ontario Tower is a primarily glass and aluminium design. Its roof is sloped, with a blue LED-rimmed elliptical profile. [1] Construction began in 2004 and was completed in 2006.
Ballymore Group was founded in 1982 by Mulryan, then aged 28, who is the chairman. Ballymore has become one of the biggest providers of residential space in London. [9] In 2017, it was reported that the previous year's profits at the UK arm of Ballymore had increased almost three-fold to £154.9m (€217.6m). [10]