Lendlease speaks at our 'New Districts' forum
Above: Image of Millennium Mills by Tian Khee Siong / Royal Docks London
Future Cities Forum will be featuring the development of Silvertown, East London in its 'New Districts' forum this week, with Lendlease's Development Director, Ed Mayes, who is leading the management team on the £6 billion Silvertown project, in Newham.
Ed has over 25 years property experience in the UK and internationally, and previously spent 2 years with the new business team securing a $30 billion pipeline including the Thamesmead, HDV, Euston, High Road West, and Birmingham Smithfield projects via the OJEU.
Lendlease says activity at Silvertown is moving at pace, with the GLA approving changes to the development agreement to facilitate 50 per cent more affordable homes, and improved placemaking outcomes, Consultation on the masterplan is now underway the firm says with a view to submitting planning applications later this year. Meanwhile, work has begun on site for delivery of the new neighbourhood.
The project will see mills, docks, water and sky reinvented as a 61-acre destination for London and a vibrant heart for the Royal Docks, states Lendlease, in a transformation that will see the iconic Millennium Mills restored, 1.8 million square feet of next-generation of workspace provided, and over 6,000 new homes developed alongside new space for cultural and community events. Silvertown will also become a new destination for London.
The Mayor of London, Sadiq Khan, said:
'The regeneration of this area is long over due and I am excited by the plans for Silvertown which respect the past whilst embracing East London's vibrant and creative future.'
Lendlease states that when complete Silvertown will attract entrepreneurs who will be able to access benefits exclusive to London's only Enterprise Zone to be connected to The City and West End via the Elizabeth Line from Custom House.