The investment proposition: The GLA is seeking a development partner to deliver a transformational new employment-led, mixed-use vision for Royal Albert Dock.
Key facts:
Royal Albert Dock is one of London’s most significant regeneration opportunities. Located in the Royal Docks, one of the Mayor of London’s largest regeneration projects, this 30 acre site offers up to 400,000 sqm of development potential. Alongside it’s scale, this unique market proposition offers the opportunity to curate a vibrant new neighbourhood at the heart of London’s move eastwards. Only 15 minutes from central London on the Elizabeth Line, and with City Hall relocating to the area in 2022, the Royal Docks is set to become one of the most diverse residential, business and visitor destinations in the Capital, delivering 36,000 new homes and 55,000 new jobs over the next two decades.
Royal Albert Dock will establish a dynamic new mixed-use employment hub alongside new residential communities. It will be characterised by innovation and enterprise, unlocking priority growth sectors through a resilient and diversified economic offer, supported by broader cultural, education and leisure uses. It will simultaneously support thriving economic activity, strengthening London’s reputation as a global city, whilst also delivering local Community Wealth, sustainability and social value.
