Developer sought for landmark Royal Docks regeneration opportunity
Mayor of London launches procurement for Royal Albert Dock transformation
The Mayor of London, Sadiq Khan, has today launched the first stage in a formal search for a master developer to lead the transformation of Royal Albert Dock – one of East London’s most significant regeneration opportunities.
Royal Albert Dock is a 12-hectare site in the heart of the Royal Docks in Newham - the Mayor of London’s largest regeneration project. With views towards Canary Wharf, it offers 400,000 sqm of development potential for a new waterside neighbourhood including a wide range of homes, jobs, education, leisure and economic opportunity, with an anticipated GDV of around £3 billion.
Following a period of market engagement, refinement of the original brief to respond to changing market conditions and testing of the procurement strategy to retain focus on deliverability, the formal selection process has now been launched.
The Mayor is seeking a forward-thinking partner to shape and deliver a mixed-use, innovative place. Proposals will capitalise on the site’s dockside setting, rich context of green and blue space, and outstanding road, rail and air transport links. The site benefits from its strategic location next to successful neighbours – notably Excel London, the University of East London and London City Airport – and is underpinned by a strong history of heritage, industry and innovation.
