Wood Wharf was historically used for the shipping and storage of timber and the repair of ships. This use continued until the late 1960s and early 1970s, when the ship repair yard and dry dock ceased operation.

After the Docks closed in the 1980s the site was developed with warehousing and small business units.

Wood Wharf is one of the few significant sites on the Isle of Dogs to be brought forward for comprehensive redevelopment. It currently comprises a number of low rise, light industrial, office and warehouse units and derelict land.