London Bridging Finance:- An official application has been submitted for the redevelopment of Royal Albert Docks on the site Royal Albert Dock, Royal Albert Way, Victoria Dock, London, E16 2FG. This a mixed funded project, which will involve the brand new development of new units on a previously empty land. The application is pending outline approval. The project will begin in 2014 and finish construction in 2023.
The entire floor area for this mixed development will cover an area of 374,067 square meters, and the complete site area will cover 14.5692 Ha. The complete development of this project will include the creation of retail units and offices, financial institutions, food and drink outlets, community spaces, leisure facilities, energy centre and residential units. The project will also feature surface car parking, decorative landscapes, open public spaces and various other community and residential amenities.
The associated developers for this project are ABP London (Investment) Limited, Greater London Authority, Stanhope Plc and Citic Construction. Max Farrell of Farrell’s Head Office will work alongside the architects from CBRE Limited Head Office as the primary planners of this project.
WT Partnership (Head Office) will fill the role of Quantity Surveyor for the project. Martin Murphy of Hilson Moran Partners Head Office and Paul Scott of AKT 2 will provide their services in the fields of Mechanical and Electrical engineering consultancy and Structural engineering consultancy.
The project’s developers and investors can easily gain access to capital from HZA for making this big infrastructure aim a huge success. Moreover, with funding from HZA, they can get a high return on investment.