• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

MayorWatch

London News and Comment

  • NEWS
  • Twitter

Thames Gateway Investment Plan Announced

May 9, 2008 - Staff

The Government has announced a new package of investment in housing, jobs, infrastructure, community facilities and green spaces in London’s East End which ministers say will transform the lives of local residents.

Housing and Planning Minister Caroline Flint said she was “delighted to approve the London Thames Gateway Development Corporation’s action plan” which is expected to create almost 8,000 jobs and 8,200 new homes.

The transformation project is being led by the London Thames Gateway Development Corporation and will focus on eight key areas; Canning Town, Lea River Park, Olympic Arc, Bromley-by-Bow, and the London Riverside areas of Barking Town, London Riverside Parklands, South Dagenham and Rainham Village.

Ms Flint said the Government “want to see real change in these parts of East London”.

“Throughout the London Thames Gateway a lot has been achieved but now we need to see a gear change.  Today’s plan is part of a comprehensive programme which will bring a real acceleration in momentum to maximise the opportunities the Gateway brings.”

London Thames Gateway Development Corporation Chairman Lorraine Baldry said the investment “demonstrates our continued commitment, and that of Government, to make significant changes to the quality of life in east London.”

“Regeneration of the Lower Lea Valley and London Riverside means more than just building houses.  Our plan for the next three years is to drive forward schemes which will create a sense of place and belonging for local people and an environment that attracts new residents and businesses to settle.”

Expected benefits for each of the investment areas include:

Canning Town
3,900 new homes
2,150 new jobs
New town centre and public squares
Improved pedestrian connections to transport interchanges

Olympic Arc
3,100 new homes in Stratford Centre and Hackney Wick
2,800 new jobs in Stratford Centre and Hackney Wick
Major refurbishment of Stratford Shopping Centre
High profile education campus in Stratford
Reconfigured traffic system at Stratford Gyratory

Bromley-by Bow and Leaside
3,840 new homes
31,000 sq m commercial space and 925 new jobs
New community facilities including a primary school
New road junction

Lea River Park
Creation of a continuous route from the Olympic Park to River Thames with two new major parkland destinations

Barking Town
6,300 new homes planned in Barking Town Centre
5,000 new homes at Barking Riverside
13km improved dedicated bus route
Development of a cultural hub
New transport interchange

London Riverside Parklands
132,500 sq m green space
1.5 km new pedestrian and cycle routes
Wildspace which will be a flagship green space for the Thames Gateway

South Dagenham
90,000 sq m commercial space
2,050 new jobs
1,250 new homes
New primary school
25,000 sq m green or open space

Rainham Village
3,200 homes in Rainham Village centre
New library and lifelong learning centre
Improved transport interchange

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on Tumblr (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to print (Opens in new window)
  • Click to email this to a friend (Opens in new window)

RECENT UPDATES

Record number of candidates stand in London’s Mayoral election

TfL and Siemens unveil new Piccadilly line Tube train designs

852 new homes to be built in Acton by Transport for London

HGV operators in London urged to apply for a Direct Vision Standard permit




POPULAR

City Hall to move to Docklands as Mayor seeks to raise £55m for frontline services

‘Concern’ over TfL’s ability to deliver major projects in wake of Crossrail cost overruns

City Hall halts London Overground ticket office closures but many will still see opening hours reduced

Transport for London confirms bus cuts will go ahead despite passenger opposition

GOT A STORY?

As the original London news and scrutiny site we've been casting an eye over the capital's public services and politicians since 1999.

 

Many of our top stories started with a tip-off from a reader - if you've got something you'd like us to cover get in touch and we'll do the rest.

Stay In Touch

  • E-mail
  • RSS
  • Twitter

Copyright © 2021 MayorWatch Publications Limited · MayorWatch is Registered Trademark · All Rights Reserved · Contact Us · Terms of Use · Privacy Policy

MayorWatch Publications Limited · 20-22 Wenlock Road · London N1 7GU · Company Number 6291816

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.