The Planning Board of the Royal Borough of Greenwich has granted outline planning permission to Knight Dragon for a development worth £8.4 billion that includes 13,000 homes, two schools, and a transport hub claimed to be "the largest single regeneration project the capital has ever seen."
The proposals revise the Greenwich Peninsula Masterplan of 2004 and the site has been identified in the London Plan as an opportunity area capable of delivering new homes and jobs.
The proposal for the development includes:
Denise Hyland, leader of the Royal Borough of Greenwich, says the application underwent "significant and lengthy consultation" and "the board felt that the plans are right for the area and for London as well." While some buildings are tall, Hyland believes "Canary Wharf will dwarf the Peninsula structures." The development will "deliver a hugely enhanced environment," she added.
Danny Thorpe, a cabinet member for regeneration and transport at Royal Borough of Greenwich concluded: "The council has long held a vision to make the most of the huge potential offered by the Peninsula and it's brilliant that this paves the way for that potential to be fully realised."
• 13,000 homes, with a minimum of 22.7 per cent of affordable housing;
• The demolition and rebuild of the North Greenwich Tube and bus station to allow for additional bus capacity;
• A 40,000-square metre film studio, which is expected to create 1,500 jobs;
• 60,000 square metres of new business space;
• 24,000 square metres of new retail/food/drink space;
• One, possibly two hotels;
• One primary and one ‘through school’;
• 20,000-square metre visitor attraction;
• A ferry jetty terminal;
• A 5,000-metre running tracking around the site;
• A healthcare facility; and
• Expansion of Ravensbourne college.
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