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Future of London Greenwich Peninsula site visit Mark Baigent, Project Director Name of presentation

Name of presentation

The East London Arc of Opportunity

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

Peninsula masterplan • 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 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 • • • • • •

Name of presentation

Space heating and hot water 10,000 homes plus potential extensions Commercial premises Innovative joint venture approach Substantial carbon savings Recycling dividends into regeneration

Greenwich Peninsula Site Visit presentation  

Presentation covering housing and heat network on Greenwich Peninsula

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