Since the Royal Docks closed as functioning dockyards, the area has seen massive unemployment and an increase in poverty in the area. This is why the London Docklands Development Corporation was formed, with the intent of regenerating the area, finding new uses for the docklands and improving the area socially and economically for its residents.
The Royal Docks area has a length of 4km, spanning from Gallion’s Reach all the way through to the planned floating area. The area already boasts London City Airport, the ExCel centre and the University of East London. It is expected that by 2020 the whole regeneration project will be finished and East London will finally be given the value that it needs.
According to Londoners, East London has always been notoriously difficult to get to and around on public transport, however this is now changing. Huge investment has been made in the DLR, underground tubes, cross rail, boat services and now even cable cars to make the area easily accessible to all, from all parts of London. With this, the area is thriving with a whole wave of new restaurants, bars and hotels. You can now easily get to Canary Wharf, the City and the West End.
Business and Study
The London Royal Docks area is expected to be London’s next major business area, with an already designated ‘Enterprise Zone’ – the only one in London and has potential for a global market of international business.
The East London University is a thriving university growing in both size and status and the London Royal Docks area is proving to be the perfect place for students to live, study and socialise.
Along with the boost in business and study, the regeneration offers an array of excellent residential areas. Housing to accommodate not only those originated from the area, but also those who want to live close to where they work and study is second to none, making it desirable not only for business but also for social aspects. The local area has everything that residents may need including health care, libraries, community centres, places of worship, sports facilities and easy access to 9 of London’s leading universities.
One great example of the quality of residential accommodation that is springing up in the Royal Docks area is the new ‘Hoola’ development. Set in the Royal Victoria Docks, it offers 360 generous one, two or three bedroom apartments across two almost identical, glass fronted towers. The towers offer 360 degree views over Canary Wharf, the O2, the Olympic Park and the city of London, creating a stunning backdrop to everyday life.
Residents can also enjoy a gym, resident’s lounge and concierge service for extra security and comfort.
The regeneration of London’s Royal Docks is a massive benefit not only for East London, but for London as a whole. The impact of the Asian Business Port is expected to deliver 20,000 new jobs and £6 billion to the British GDP, and is expected to be widespread. The area is set to only get better as a place to live, work or study, so have a closer look at the area and get in there now whilst you can!
Feature image credit: www.thetimes.co.uk
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