London mayor Boris Johnson has today announced plans for a “floating village” in East London’s Royal Docklands.
Speaking at the Mipim property conference, the mayor laid out plans for a 6.1ha community of floating homes, restaurants and bars.
It would be approximately one and a half times the size of Green Park and would be linked to central London and Canary Wharf by a cable car.
“This site is unique,” said Johnson. “It has the potential to become one of the most sought after addresses in the capital while breathing new life back into London’s waterways.
“But it’s not alone. Right across London there are incredible investment opportunities that I’, determined to bring to market creating more homes and jobs for Londoners. My message to the developers gathering at Mipim is that London is the best place to invest.”
The formal procurement process will begin this summer. The competition is open to international companies as long as they have a London-based partner.