Development is under way in a big way at the Royal Docks in east London – from ABP finally being given the keys for its £2bn office development to plans being granted for individual residential tower developments.
Alex Greaves, head of new homes sales at Marsh & Parsons, said “The Royal Docks is the eastern regeneration area of the moment. Located on the Crossrail route, it is set to be one of the capital’s most exciting new ‘villages’.
“With impressive investment from both the government and private funds, buyers – particularly those who work in the Square Mile and Canary Wharf – are recognising the real opportunity to buy into a location that will offer both healthy capital appreciation and rental returns.”
■ SEE ALSO >> Royal Docks gets delivery team to attract investment
But many schemes are far from guaranteed, while recent changes in the GLA’s industrial strategy are throwing others into doubt.
EG takes a look at what is happening around the docks, which sites are still available, which ones are still hunting for finance, and which ones still hang in the balance.
This article was originally published on 31st July 2017
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