Boroughs | Greenwich

Greenwich

Map

Boroughs

Map Key

  • Investment Opportunities
  • Opportunity Areas
  • Area of Intensification
  • Central activity Zone

Town Centres

  • International or metropolitan
  • Major
  • District
  • Borough Boundary
  • Green Belt
  • Metropolitan open land / Other open spaces
  • Rail station
  • Railway track
  • Foreshore
  • Water

Investment Opportunities

  1. Charlton Riverside
  2. Thamesmead & Abbey Wood – Opportunity Area Planning Framework area (OAPF)
  3. Greenwich Peninsula
  4. Woolwich Town Centre

Investment Opportunities

Charlton Riverside

Charlton Riverside

Charlton Riverside (CRS) is a 76-hectare site adjacent to the Thames Barrier and will become an exemplary new urban district within Royal Greenwich, integrating the Riverside with the existing Charlton community, connecting to the transport network and creating a thriving new neighbourhood which combines homes up to 7,500 homes and 400 jobs. CRS will be an important and critical piece of the Thames riverside landscape, connecting Greenwich Peninsula to Woolwich town centre. It has rich industrial heritage, and we will retain its key elements, such as the aggregate wharves which use our capital's river to help transport goods.

Project Owner: RBG with partners and developers
Planning Status: SPD Adopted June 2017
Completion Date: Currently Planning Phasing

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Thamesmead & Abbey Wood – Opportunity Area Planning Framework area (OAPF)

Thamesmead & Abbey Wood – Opportunity Area Planning Framework area (OAPF)

Thamesmead and Abbey Wood Opportunity Area is one of the largest regeneration areas in London. Prepared jointly by the Mayor of London’s office (Greater London Authority, GLA), Transport for London (TfL), Royal Borough of Greenwich and London Borough of Bexley, the Thamesmead and Abbey Wood Opportunity Area Planning Framework (T&AW OAPF) supports and plans for the Mayor’s proposal to extend the DLR to Thamesmead and beyond. With transport improvements, the OAPF identifies the potential for the area to provide over 15,000 new homes and 8,000 new jobs.  This is an area well located for significant employment growth.

Project Owner: RBG and LB of Bexley, Peabody and Partners
Planning Status: SPD adopted December 2020
Completion Date:  Planning consent for West Thamesmead Plumstead Housing Zone (2021) - Master planning Thamesmead Waterfront (In progress 2021)

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Greenwich Peninsula

Greenwich Peninsula

Huge further potential in the site (£8bn development value) riverside location, spectacular views over Canary Wharf, proximity to a World Heritage site and 48 acres of green space. O2 – one of the leading sports and entertainment venues in the world: 4,500 jobs; contributing £300 million GVA to the Greenwich economy. Tide – London’s first-ever elevated 5k riverside linear park. Design District – 16 buildings by eight pioneering architects – establishing Greenwich as a new hub of innovation in London one minute from North Greenwich Underground station. Peninsula is connected: 1 stop from the financial hub at Canary Wharf, 8 mins to Central London, with the Thames Clipper River service

Project Owner: GLA with partners and developers
Planning Status: GP West masterplan adopted 2012
Completion Date: Ongoing Investment

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Woolwich Town Centre

Woolwich Town Centre

Woolwich is a famous historic town, set on the Thames with a wealth of high-quality historic buildings. It benefits from good transport infrastructure including the DLR and the Elizabeth Line which will brings Docklands, the City and the West End within easy reach. The area is an Opportunity Area with potential for new homes and jobs. Woolwich Works is a landmark, multi-million-pound restoration project by Royal Borough of Greenwich has transformed the historic site of Royal Arsenal into a new 15,000sqm creative district for London (theatres, concert venues, dance studio, recording studios, offices and flexible space to entertain, train and educate).

Project Owners: RBG and landowners, and developers
Planning Status: Project in progress
Completion Date: March 2024

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The Royal Borough of Greenwich is one of the most iconic places in Europe to live and work, ten minutes from central London, and renowned for its rich royal and maritime history. This dynamic and diverse area is undergoing rapid transformation as a result of some of the largest regeneration schemes in London.

Royal Greenwich offers a wealth of opportunity for new developments and has excellent connectivity, proximity to London’s financial district, strong business networks, vibrant historic town centres and space for business to grow. The borough is known for its entrepreneurial talent and innovative micro and small businesses across a broad range of sectors from fashion to specialist engineering. Over 19 million visitors came to the borough in 2019 adding over £1.6 billion to the economy. Four higher education institutions provide access to skills, talent, and innovation expertise; the University of Greenwich ranks within the top seven per cent of higher education institutions globally.

Our vision is to have a flourishing local economy that gives businesses and communities opportunities to grow in an inclusive and sustainable way. We are championing the shift to a green, low carbon and digital economy and using our locational strengths to attract high-growth, innovative businesses that will create good, skilled jobs vital for our economic recovery and future prosperity.

Population

Population projections 2021 292,093

Population projections 2050 378,886

Homes

London plan new homes (ten-year target) 28,240

Building council homes for Londoners (four-year programme) 588

  • Located on the Prime Meridian Line, area of 5,044 hectares, the longest continuous waterfront of any London borough; eight miles along the Thames taking in a World Heritage Site at Maritime Greenwich, the O2 Arena at Greenwich Peninsula, the Thames Barrier, Woolwich Royal Arsenal and Thamesmead in the east.
  • The third highest target for new homes in the capital over the next ten years and home to five of London’s 38 opportunity areas. This will result in more than 38,000 new homes and 22,500 new jobs by 2028.
  • The Crossrail - Elizabeth line will allow residents and visitors to travel from Woolwich to Canary Wharf in just eight minutes, Liverpool Street in 14 minutes, Bond Street in 22 minutes and Heathrow in 47 minutes. Abbey Wood residents will be connected to Canary Wharf in 8 minutes, Liverpool Street in 14 minutes and Bond Street in 22minutes. London City Airport, with frequent connections to Europe , is seven minutes by DLR from Woolwich Arsenal

Pippa Hack, Director of Regeneration, Enterprise & Skills

Pippa.Hack@royalgreenwich.gov.uk

 

“The Royal Borough of Greenwich is an iconic area of London rich in maritime and royal history. To recover from the pandemic we are championing the shift to a green, low carbon and digital economy - using our locational strengths to attract high-growth, innovative businesses that will create skilled jobs vital for our future prosperity.

Woolwich town centre, Charlton Riverside and Thamesmead & Abbey Wood are all key regeneration and priority areas for us that have the potential to provide many more homes and jobs.

Woolwich Works, our transformation of five historic buildings on the Royal Arsenal into a new 15,000sqm landmark creative district, opened last autumn and has already been crowned Time Out’s ‘Best new culture spot’. In March visitors will be flocking to Woolwich to watch Punchdrunk the immersive theatre pioneer’s first production in London in seven years.

There has never been a more exciting time to live, work or study in Royal Greenwich.”

Cllr Danny Thorpe, Leader of the Royal Borough of Greenwich

  • Royal Greenwich is developing an over-arching Economic Development Strategy with the support of partners, businesses and communities that will be completed in summer 2022.
  • The Council is working with anchor institutions and local businesses to create a connected local economy to benefit residents (partners include Greenwich University, Greenwich Hospital and the 02).
  • The strategy seeks to identify priorities and realistic actions to develop a vibrant, fairer and more inclusive local economy. Specifically, we are focusing on positioning the borough to benefit from Crossrail as well as anticipated infrastructure improvements (such as the extension of the DLR to Abbey Wood and Thamesmead) supporting the growth of the green economy, working with and supporting business and making our local economy inclusive by working with partners to ensure employers can recruit a local, diverse and high-skilled workforce.