The London Borough of Newham is progressing an exciting agenda of regeneration projects.
The projects include the Leaway, a new continuous walking and cycling route connecting the sports venue and parkland of the Queen Elizabeth Olympic Park via some of East London’s most interesting heritage sites at Trinity Buoy Wharf, Three Mills and the nature reserve at Bow Ecology Park to the River Thames, the Royal Docks and the Emirates cable car are also part of the regeneration plan.
The project will provide opportunities for house builders and developers to invest next to some of the newest public realm spaces in London. The Leaway is a joint project with Tower Hamlets and the London Legacy Development Corporation.
The Royal Docks Enterprise Zone is a new business district for London, which has been driven by a £1 billion deal between the Mayor of London and the Chinese company, ABP, to create a hub for Asian businesses to invest in the UK. There is the potential for 11,000 new homes including a floating village.
Robin Cooper, Head of Regeneration at Newham, describes the GLA long term loan of £380 million to the Borough as a “new model for investment” and it has created a platform on which to attract further investors and major businesses.