Potential for 200,000 new homes in the East of London
28 October 2015, Blog
Last Thursday (22 October) brought a significant announcement from the Mayor’s Office about the release of a new framework called ‘City in the East’ that aims to transform East London by delivering more than 200,000 homes and 250,000 new jobs. The masterplan details how major development should take place across a strip of land that reaches from London Bridge to the Isle of Dogs and Greenwich Peninsula, right through to Ilford in Essex and Dartford in Kent.
The area identified will link 12 existing Opportunity Areas for housing. The announcement demonstrates the rising importance of East London in terms of its capacity to deliver new homes for the capital. In 2004, the Mayor’s Office estimated East London had the capacity for “52,000 new homes”. But the GLA has now revised its predictions to suggest that a “minimum of 203,500 homes and 283,300 jobs could be delivered over the next 20 years.”
The masterplan aims to feed into transport developments in East London such as Crossrail, HS1 and the extension of the London Overground line further eastwards.