Local Weather

Overcast

Overcast

max temp: 14°C

min temp: 12°C

Five-day forecast

Royal Albert Dock business district proposals approved

The proposed development of the Royal Albert Dock (pic: HayesDavidson) The proposed development of the Royal Albert Dock (pic: HayesDavidson)

Thursday, July 24, 2014
3:05 PM

Plans for a new business district in the Royal Albert Dock have been approved by Newham Council.

To send a link to this page to a friend, you must be logged in.

The proposed development of the Royal Albert Dock (pic: HayesDavidson)The proposed development of the Royal Albert Dock (pic: HayesDavidson)

Chinese developers Asian Business Partnership (ABP) and UK development manager Stanhope submitted a proposal to transform the dock into a 35 acre hub back in April, with the council’s Strategic Development Committee granting planning approval on Wednesday.

Up to 20,000 new jobs will be created by the £1 billion scheme, which is designed by architects Farrells and will see office space, homes and retail units built.

Chairman of ABP, Xu Weiping, said: “I am delighted with Newham Council’s decision to grant permission for Royal Albert Dock.

“This permission is not just important for ABP; it is a huge step forward for the wider regeneration of the Royal Docks.

“We look forward to getting started on the first phase which will deliver around one third of the site.

“We have seen high demand from China and the Far East and hope to complete this first phase by 2018, generating economic activity and creating thousands of new jobs over the next five years.”

Sixty Chinese companies have already expressed an interest in occupying office space on the site.

It is intended to bring £6 billion worth of investment to the borough and bolster trade links with Asia.

Read more:

Plans to transform Royal Albert Dock into next business district submitted to council

Summit discusses financial district at Royal Albert Dock

Share this article

0 comments

Comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other Newham Recorder visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by Newham Recorder staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Forgotten your password?

Not a member yet?

Register to create your own unique Newham Recorder account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

Click here to read the Digital Edition of the Newham Recorder on screen
Use our Wedding site to help you plan your big day!
At WeddingSite we know how much you have to organise for your wedding day, that's why we have designed a set of FREE, simple-to-use tools to make the planning process easy & hassle-free. FIND OUT MORE
Find a date using our online dating and friend finder
You can meet new friends, find romance or simply meet up online with people sharing similar interests and hobbies. FIND OUT MORE
Find a local business using our online directory search
Need a plumber? Or a florist? Or anything else? Search our business directory to find Newham businesses in just a few seconds. FIND OUT MORE
Family notices from the Newham Recorder, with readers' tributes
In memoriam, birthdays, weddings, anniversaries, best wishes & special days. FIND OUT MORE

Around the Web See all