Johnson has signed off plans for the redevelopment of an iconic flour mill in east London as part of the regeneration of Silvertown Quays in the Royal Docks. Alongside space dedicated to new tech business start-ups, the site will provide 3,000 new homes, plus a school, public spaces, cafes and restaurants.
The investment will help transform the Silvertown Quays area, which is also due to see the development of a new tunnel under the Thames, which will connect the Royal Docks with Greenwich Peninsula.
That project is to be delivered as a PPP, with Transport for London having confirmed in October that a prior information notice for the scheme due to be published in March 2016.
The Silvertown Quays land to be redeveloped is owned by the Greater London Authority, and the programme will be led by the authority’s development partner, Silvertown Partnership.