Investment Opportunities
Opportunity Areas
Area of Intensification
Central activity Zone
International or metropolitan
Major
District
Borough Boundary
Green Belt
Metropolitan open land / Other open spaces
Rail station
Railway track
Foreshore
Water
The Silvertown regeneration project will transform a former industrial site into a new town centre for the Royal Docks. The new masterplan proposes at least 6,000 new homes, 50% of which will be affordable, alongside 1.5m sq.ft of new commercial space.
This 50-acre site around Pontoon Dock is home to the historic Millennium Mills, an iconic 20th century flour mill, and the distinctive Grade II-listed Silo D, both of which will be restored as part of the development. Silvertown will be linked to the Elizabeth Line station at Custom House by a new bridge across Royal Victoria Dock.
Housing commitment – 6,000 new homes,
Percentage affordable – 50% across the site (by habitable room)
Workplaces – 1,500,000 sq ft including Millennium Mills
Albert Island will be the first new shipyard on the Thames for over a century, with sustainability at its core and a hub for engineering, logistics and infrastructure.
At the eastern entrance to the Royal Docks, it is close to major rail, river, and road networks. The shipyard element will be delivered with the Port of London Authority (PLA)
Includes up to 800,000 sq ft of employment space
Thameside West is a new riverside neighbourhood at the western end of the Royal Docks. It will include 5,000 new mixed-tenure and affordable homes, a new primary school and nursery, shops, and spaces for creative industries, alongside two riverside parks.
A new DLR station is being built on the site. A brand-new river crossing for London – the Silvertown Tunnel – is under construction to improve connections between this area and the rest of London.
The development includes the former Carlsberg-Tetley brewing company site. Already present is a cluster of creative businesses, with phase one adding new workspaces, and community café.
Housing commitment – 5,000 homes
Percentage affordable – 39%
The Royal Docks is one of London’s largest and most significant investment opportunities, at the centre of an expanding east London region. Once the UK’s gateway to world trade, today the area is re-establishing itself as one of London’s most exciting new business and visitor destinations, with approximately £5bn worth of investment planned over the next 20 years. The recent arrival of City Hall and the Elizabeth Line has significantly boosted the area’s potential and profile, evidenced by growing interest from developers and investors in the UK and internationally. The area is one of the largest areas of impounded water in the world, with 91 hectares of water and 12 miles of waterfront.
As London’s only ‘Enterprize Zone’ the area will serve as a leading economic destination which is anchoring the considerable housing development that is coming forward, as London moves east. The Enterprise Zone (EZ) delivery plan and £314m investment includes an integrated and catalytic package of infrastructure and projects that is bringing forward the cohesive and unparalleled transformation of the area. This includes transport infrastructure, connectivity, economic development, placemaking, estate management and creative programming projects.
Dan Bridge, Programme Director, Royal Docks Team
www.royaldocks.london
“The Royal Docks is an area of London rich in the daring and pioneering spirit that makes our city so unique. It is undergoing extensive regeneration, with 30,000 new homes and 41,500 jobs being created over the next 10-15 years while being supported by the arrival of the Elizabeth line and the move of the Greater London Authority to its new City Hall location. Not only will it play a major part in the capital’s civic and cultural life, but it is also fast becoming a global business destination – a magnet for entrepreneurship and innovation that is attracting and supporting new businesses across all sectors. Through our exciting plans, the Royal Docks is leading the way in helping to create a fairer, greener, more inclusive economy that works for all Londoners and businesses.”
The Royal Docks is an important economic centre for London. Existing anchors Tate & Lyle, ExCeL London, London City Airport, and the University of East London have recently been joined by a growing community of start-ups and SMEs.
As London’s only Enterprise Zone (of 48 in the UK), the Royal Docks is unlocking growth through a comprehensive investment programme to create 55,000 new jobs in the wider area.
The ambition is to become an internationally significant business hub; a pioneering place, committed to responsible growth and the wellbeing and prosperity of local people. Three priorities underpin the ambition:
Priority sectors include:
