The Royal Docks and Surrounding Area

[El_Greco]

Originally Posted by Rational Plan

Wow, that is so large. Maybe too large?

I think it's fine, brings some life and interest to otherwise large expanse of dark water.

I like your idea about floating town.

[jack_jones]

Irish developer sells off Royal Docks district

From: http://www.cityam.com/article/irish-...docks-district

IRISH developer Ballymore has put a 37-acre site in London’s Royal Docks up for sale, in a deal expected to fetch more than £150m.

The company yesterday said it has hired advisers Knight Frank and Alan Selby & Partners to sell Royal Wharf, as it looks to pay down debt and fund its other London developments including Embassy Gardens in Nine Elms.

The Thames-side scheme, which is wedged between West Silvertown and Pontoon Dock, has planning consent for 3,385 homes and could have an end value of more than £1bn.

“The project offers the opportunity to create a new central London neighbourhood with schools, shops, businesses and homes but with buildings at a scale that do not present the same risks as high rise developments,” said Sean Mulryan, Ballymore’s founder and chief executive.

Knight Frank partner Charlie Hart said the site, which will help meet London’s demand for new homes, has already sparked interest from several parties, with a sale expected to be completed this year.

The news comes weeks after Ballymore announced it has put Old Spitalfields Market – one of the capital’s oldest marketplaces – up for sale with a price tag of around £100m.

The Dublin-based firm, founded by Mulryan in 1982, is one of National Asset Management Agency’s (Nama), biggest debtors after borrowing heavily at the peak of the market.

It has been working with Ireland’s so-called bad bank to restructure its £1bn debt pile and recently agreed on a business plan to repay debt over the next five to seven

[jack_jones]

A Chinese business park for Royal Docks?

From: http://www.wharf.co.uk/2013/05/a-chi...rk-for-ro.html

Reports over the weekend claim Chinese business is about to invest £1billion to turn the Royal Docks into an Asian business centre.

The Financial Times said Chinese firm Advanced Business Park was set to develop on land next to London City Airport.

The group is the preferred bidder for the site, described as having the potential to be a "mini Canary Wharf".

The Royal Docks is currently an enterprise zone with Mayor Boris Johnson's team at the Greater London Assembly holding a competition to find out who is best placed to develop it.

A statement on the GLA website read: "(The Mayor) has engaged in a formal procurement process and, following the evaluation of bids received in August 2012, is seeking to progress to the final stage of the procurement with Advance Business Parks.

"Proposals are still being formulated, but allow for the development of an employment-led, mixed-use development that will establish Royal Albert Dock as a premier business destination."

A final decision is due in the coming weeks but will still need agreement from Newham Council, which is believed to welcome the ABP plans.

The FT quoted Newham's executive director for regeneration at the council, Clive Dutton, as saying: "This is a game-changing project for the area."

ABP is working with UK firm Stanhope on the project.

[Lilbaz]

I like the Asian business centre idea.

[Rational Plan]

Hmm , lets see, there have been quite a few Chinese proposed business parks around the country, that have come to nothing.