Thursday, February 10, 2011

The Royal Docks 'The Last Great Development Opportunity in London'


As part of the launch of Newham's Investment Prospectus, I took a tour around the Royal Docks, which despite horrendous weather I still found quite enchanting. Water and big old industrial buildings clearly do something for me. Sitting next to me on the boat were investors from China, interested in the potential of a business centre near City airport (with a direct link to New York) and all the other transport connections (Crossrail, high-speed train link to Europe etc). Earlier in the day, it had been noted that while it is difficult to get Londoners to overcome their East End prejudice, foreign investors see the potential in developing on some of the last large plots available in the capital. Sure, there's some miserable, unconnected spots still. And while the Excel centre appears to be a great success, other initiatives haven't really taken off. The students at the University of East London might feel quite lonely in the student accommodation, which leaves them bereft of the local conveniences I take for granted in London. But possibly not for too much longer......

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