Plans submitted for £3.5bn Silvertown redevelopment

25th July 2014

The Silvertown Partnership, a consortium made up of Chelsfield Properties, First Base, and Macquarie Capital, has submitted plans for a £3.5bn regeneration scheme at Silvertown Quays.

The 62-acre derelict site is to be transformed into a 7m sq ft mixed-use development including 3,000 new homes, along with a series of trading houses and office buildings – and a new bridge connecting the Quay with the Crossrail station being built at Custom House. Sir Stuart Lipton, from The Silvertown Partnership, said: “Our vision for Silvertown Quays will create a new piece of our city with entrepreneurship, innovation and knowledge economies at its heart”. The development will centre on the Millennium Mills, the last surviving disused flour mill on the Thames, and if approved by Newham council, will make Silvertown Quays one of London's biggest regeneration projects.

Source:   Property Week (24/07/14)