New life will be breathed into the Royal Docks, where plans have been approved for 3,000 homes.
Proposals for up to 3,000 homes in London's "new creative capital" have been given the go-ahead.
Newham Council has given planning consent to transform a 62 acre site into a new neighbourhood at the Royal Docks in east London.
There will be two million sq ft of new homes across a range of tenures, including affordable housing for Newham residents. The plans also feature community facilities, such as a school and health centre, restaurants and shops.
The site, which is being developed by the Silvertown Partnership, a consortium including developer First Base, sits on the south side of the Royal Victoria Dock, opposite Excel. City Airport and Canary Wharf are close by
By 2018, the Royal Docks will be connected by Crossrail, the new high frequency, high capacity railway line from Maidenhead to Shenfield. It will be just 17 minutes to London’s West End.
“This multi-billion pound transformation is a fantastic opportunity to reinvigorate the Royal Docks area giving it a new lease of life benefiting Newham and the capital as a whole,” said the mayor of Newham, Sir Robin Wales.
“This scheme builds on our commitment to further enhancing the quality of life for our residents and the opportunities available to them through developing the arc of opportunity spanning the Royal Docks, Stratford and Canning Town.
“This project will create a new destination for people from across Newham, the rest of the capital and from abroad and will once again showcase everything that is good about the borough.”
In addition to the new homes, the regeneration will include two million sq ft of offices and three million sq ft of space for brands to showcase their products.
The first phase of the development will be finished by 2018, and will see new life breathed back into 450,000 sq ft former flour mill, Millennium Mills. It will house technology, media and telecoms businesses of varying size.
1. This one bedroom apartment has a private balcony, open plan living and dining area, fitted kitchen and bathroom. It sits within Waterside Park, a new riverside development of 780 studios, one, two and three bedroom apartments. It is available for £347,000 via Barratt London - Waterside Park.
2. A one bedroom apartment is for sale at the Holiday Inn Express in London Docklands. Features include gym, concierge, 24 hour security and room service. It is on the market for £130,000 via RW Invest.
3. Royal Gateway will comprise five apartment blocks offering a range of studio, one, two and three bedroom apartments and two bedroom duplex penthouses. This three bedroom, two bathroom apartment costs £530,000 through Galliard Homes - Royal Gateway.