The investment proposition:
Seeking an innovative master developer to deliver a transformational new mixed-use vision for the site.
Key facts:
The Royal Docks is the Mayor of London’s largest land-led regeneration project, spanning over 175 hectares of land in GLA ownership.
With more than £10bn in live investment opportunities, the area is set to become one of the capital’s most diverse residential, business and visitor destinations. The Royal Docks delivery plan (2024-2029) sets out the Mayor’s vision for the Royal Docks, including 36,000 new homes and 55,000 new jobs over the next 20 years.
Royal Albert Dock is one of the Royal Docks’ key development sites, offering the opportunity for significant value creation (economic, social and environmental) in London’s only Enterprise Zone (EZ). A procurement exercise will select a new master developer with a focus on long-term investment and maximising the sites development potential. This will create a new waterside neighbourhood including a wide range of homes, jobs, education, leisure and economic opportunity.
The site is circa 12 ha in size. There is the opportunity for up to 400,000 sqm of new mixed-use development.
The site is bounded by educational uses (University of East London) to the east, and a variety of leisure, hotel and exhibition centre uses (Excel London) to the West. To the north is significant green space at Beckton park and the DLR; to the south is the historic Royal Albert Dock water body and London City Airport. Two DLR stations directly serve the site. The Elizabeth Line is 4mins away on the DLR at Custom House.
