Mayor Boris Johnson was in Cannes today, launching his hunt to find a developer to take on redesigning Royal Victoria Dock, so it becomes Britain’s largest floating village with homes, hotels and restaurants all located in lovely East London.
The 15-acre development will be modelled on successful schemes at Ijbury near Amsterdam and Hafen City in Hamburg and others in Scandinavia. Sitting directly under the new Thames cable car, the capital’s first liquid postcode is part of Boris Johnson’s drive to transform the Royal Docks.
When complete it will be one-and-a-half times the size of Green Park and have a Crossrail station and transport links to Canary Wharf.
Mr Johnson said the redevelopment of the Royal Docks area was one of his key priorities. He has already opened the Emirates cable car and the Siemens Crystal Centre and there are future developments at Silvertown Quays and Royal Albert Docks. The Mayor was today meeting investors and property developers at the Cannes conference. City Hall is one of the largest owners of public land in London having inherited more than 600 hectares last year under the Localism Act.
The floating village scheme has cross-party support. Labour Newham’s mayor Sir Robin Wales said: “London is moving eastwards and the Royal Docks offer an investment opportunity in scale unmatched anywhere in Europe. This exciting development is a pivotal part of their reanimation.
“As today’s announcement shows, they have the capacity to attract modern sustainable businesses and deliver 21st century growth for the capital. It is essential that the transformation of the area translates into long-term prosperity, growth and jobs.”