The Royal Docks regeneration district, consisting of Royal Albert Dock, Royal Victoria Dock, and King George V Dock, is set to become the heartland of the new East End within a decade. It will bring a new business district to rival the City, along with new high streets, and at least seven new residential quarters. On the south side of the docks, across the water from Charlton, Royal Wharf will deliver 3,385 homes with 40 acres of green space, including at John Cabot House, with Help to Buy, which is due to complete after Easter. Prices there start from £588,000 for a two-bedroom flat. At the other end of The Royals is Royal Albert Wharf, a 1,500-home scheme to include 100,000sq ft of workspace, artists’ studios, a café and a community centre. Forty per cent of the homes will be lower cost, with one-bedroom flats starting from £350,000. Finally, Lend Lease is working to transform Millennium Mills, once London’s largest flour mill, into 7m sq ft of residential and commercial space and parks. Phase one will offer 1,000 homes. The Refinery, towards the old Tate & Lyle factory, offers shared ownership, from £119,700 for 35% of a one-bedroom flat and £165,375 for 35% of a three-bedroom flat.
Evening Standard (13/03/2020)