Name of presentation

Future of London

Greenwich Peninsula site visit Mark Baigent, Project Director

Name of presentation

The East London

Arc of Opportunity

Name of presentation

Brief history

• Former gas works

• Decontaminated and remediated by EP in 1990s

• Millennium Dome

• Greenwich Millennium Village begun early 2000s

• Meridian Delta Limited (MDL) masterplan 2004

• Site transferred to HCA then on to GLA

Name of presentation

Peninsula Regeneration Objectives

• Affordable housing in mixed

tenure developments

• New jobs and training

• Health, community, education

and recreation facilities

• Sustainable transport network,

with new links across the river

• New physical and social

infrastructure must go hand in

hand with new housing supply

• Design quality & sustainability

Name of presentation

• c.13,000 new homes

• O2 most popular live music venue in the world and 2012 Olympic venue

• Ravensbourne college of multi-media design

• Business district 325,000 sq m

• Hotel and conference centre up to 60,000 sq m

• Low carbon energy network

Peninsula masterplan

Name of presentation

Greenwich

Millennium

Village

Phases 1 and 2 built

mid-2000s

[1,100 homes]

Phases 3 to 5 stalled,

now progressing

[1,750 homes]

Revised tenure mix [32% affordable housing]

Name of presentation

Meridian Delta / GPRL • Originally 50:50 JV

between Quintain and

Lend Lease

• Between 2004 and 2012,

only one residential plot

was built, two office

buildings and a college.

• July 2012 majority

shareholding acquired by

HK investor Knight Dragon

• Stimulated new approach

to accelerate residential &

commercial developments

Name of presentation

MDL site 2004 s106 agreement

• 10,000 homes across c.50 plots

• 38% affordable housing across the site

• Only one residential plot developed to date

– Bellway c.230 homes

MDL site 2013 s106 deed of variation • 3,100 homes across 11 plots

• 25% affordable housing (by habitable rooms)

• Revised tenure mix: four northern plots without

affordable homes; southern plots 50%+ affordable

• Knight Dragon investment to accelerate delivery

Name of presentation

Heat Network

• Space heating and hot water

• 10,000 homes plus potential extensions

• Commercial premises

• Innovative joint venture approach

• Substantial carbon savings

• Recycling dividends into regeneration