Southbank Place, a £1bn development of the iconic Shell Centre site on the south bank of the river Thames, is now taking registrations to UK buyers.

The development is a mixed use scheme by Braeburn Estates in a joint venture between Canary Wharf Group and Qatari Diar Real Estate Investment Company.

The development will see the creation of seven buildings and 868 properties, as well as provide approximately 6,165 jobs upon the Shell Centre project's completion. The two developers have taken the 5.25 acre site on a 999 year lease, with Shell remaining the freeholder. The project will also see the creation of 98 affordable homes (266,066 sq ft), including 52 extra care units for elderly and disabled people on site, and an additional 70 affordable homes offsite on Lollard Street. The scheme will also include 530,000 sq ft of office space plus 48,000 sq. ft. of retail, restaurants and café space, all available on site.

Sir George Iacobescu, Canary Wharf Group's Chairman and CEO, said: "Our vision and commitment, in collaboration with Qatari Diar, is to produce some of the most contemporary homes available in London. The design and quality of the buildings and open spaces will not only add to the existing social environment, but will give back to the South Bank community through the creation of affordable homes and generation of local employment and economic development facilitated by SLPN. This initiative has already placed £4.5m of contracts with local SMEs. We are confident that this scheme will be a world-class addition to a culturally vibrant area of London, and create one of the capital's most desirable addresses in years to come."

The 27 storey Shell Tower will remain the centrepiece of the project, with the entire Southbank Place development anticipated to complete in 2019.