19 January 2012

Boris announces Greenwich Peninsula regeneration

Mayor Johnson this week announced a deal to kick-start a major regeneration on the Greenwich Peninsula, creating over 4,000 jobs in the construction of 1,350 new homes by the end of 2015.

Around 10,000 new homes, 600 student beds and 3.5 million square feet of commercial floor space are ultimately planned for the site, transforming an unused old gas works into a prominent new residential, business and leisure community.

The Mayor is keen to accelerate his land release programme to continue driving investment in London’s economy and to deliver more needed housing for Londoners.

Mayor of London Boris Johnson said: “Ambitious schemes like this will not only create the thousands of jobs that are vital to grow our economy, but will ensure London cements its position as one of the world’s best cities to live, work and invest in.

“The transformation of Greenwich Peninsula is undoubtedly one of the most exciting development opportunities in London. This latest phase of regeneration will seal its future as a thriving, well-connected new district, combining vibrant new residential areas and fantastic leisure facilities.”