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Housing 'milestone' for Greenwich Peninsula

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The delivery of the mixed-use Greenwich Peninsula regeneration programme has reached a "milestone" after a deal to push forward with a housing development was announced.

London mayor Boris Johnson and communities secretary Eric Pickles have brokered a deal that will lead to the start of the next stage of building on the 190-acre (77-hectare) site.

The agreement comprises 1,350 new homes by the end of 2015 and forms part of the wider Greenwich Peninsula regeneration, which will create a major residential and leisure district.

A joint venture between Lend Lease and Quintain - Greenwich Peninsula Regeneration Ltd - is working with the Homes and Communities to deliver the programme.

Anchored by the O2 Arena, the mixed-use scheme also includes the new Emirates Air Line cable car link; a five-a-side football facility; and a proposed rooftop walkway attraction.

Johnson said: "The transformation of Greenwich Peninsula is undoubtedly one of the most exciting development opportunities in London.

"This latest phase of regeneration will seal its future as a thriving, well-connected new district, combining vibrant new residential areas and fantastic leisure facilities."

Quintain Estates and Development finance director Rebecca Worthington added: "Greenwich Peninsula has the potential to be London's most exciting new district, with a world class entertainment venue and a highly sustainable business quarter reachable within minutes from your own front door."

Details: www.greenwichpeninsula.co.uk

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The delivery of the mixed-use Greenwich Peninsula regeneration programme has reached a "milestone" after a deal to push forward with a housing development was announced.
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