Boris Johnson has started the search for the property developer who will tackle London’s floating village project. This will be 15 acres situated in the Royal Victoria Docks and will help ease the pressure from London’s housing crisis.
The partner for this huge housing project will be selected next summer; so in this exciting run up we wonder who will be coming forward to take this on.
The deputy mayor for housing Mr Richard Blakeway said “London’s Royal Docks present a fantastic opportunity, with major development agreements signed this year on both sides of the dock.
This idea of a mixed-use, housing-led floating development, as seen in parts of Northern Europe, has the potential to become one of the most sought after addresses in the capital.
“Through the mayor’s London Development Panel we hope to vastly speed up development on this stretch of water to create an internationally renowned, innovative and architecturally outstanding visitor destination.”
The Royal Victoria Docks are the location for the Excel Exhibition Centre and very close to Canary Wharf, this housing project will be exceptionally desirable to potential buyers.
This idea stems from Amsterdam’s Ijbury which has 6 all artificial islands that will eventually house 45,000 people. once the project has been finished.
In Hamburg there is HafenCity which is how London’s floating city will be modelled. This is on the Elbe river and will be completed around 2020, housing 12,000 people and 40,000 workers.
It seems as London’s new floating city will be one and a half times the size of Green Park, with its own new Crossrail station, the Docklands light railway and the cable car system.
With Boris having promised as many as 420,000 new houses in the capital within the next 10 years, this will clearly have to be one of many schemes to meet his targets.
“For over 30 years, regardless of boom and bust, governments of every hue have failed to build enough homes,” the mayor said in a recent speech.
“With London’s unprecedented population growth, housing supply and affordability is now our biggest challenge and we need to double the number of homes being built.”