Royal Albert Dock used to be a vital link in the chain that was trade and industry in London. It was closed to commercial trade in the 1980’s but it is once more very much open for business. Now it houses an aspiring regeneration plan that is set to change the future of economics in London.
The project is due to complete in 2026 and it will contain 35 buildings and 14 hectares of retail, office, residential and leisure space but this emerging district has it’s eye on becoming the new portal to the East. ABP is a Chinese developer with a very successful history of regenerating areas and creating thriving economic hubs. John Miu, London COO of ABP said, ‘with the emergence of Asia, and with London’s global and European importance, there needs to be a gateway between London and the East.’
Royal Docks Developments Bring New Opportunities
Royal Docks is now a vibrant place to work and live. The area has undergone a lot of development and investment in recent times. There is a real sense of community starting to emerge. International travellers have a great advantage if they work or live here due to it’s proximity to London City Airport. This 4.7 million square feet of prime development will aid and assist in the positive growth of the area. Investment here will create up to 30,000 jobs in the area and bring up to £6bn into the London Economy. There will be plenty of new opportunities in this project’s wake.
London’s New Business District
ABP are developing a district that will attract young professionals to the area. The business hub will be a vibrant 24 hour powerhouse where people can work, relax and play in a unique cultural setting. It will create a platform for Asian business to thrive and for the local economy to reap the benefits.
Interested in Residential or Commercial Developments in East London?
If you are a developer or investor looking at this vibrant and exciting location, give our team at Henry Wiltshire Royal Docks a call. We have the area covered.