Regeneration news
Momentum builds at Silvertown as affordable homes complete and masterplan approved
The transformation of the Royal Docks’ flagship development at Silvertown is advancing at pace, with residents set to move into the first new affordable homes. A revised masterplan for the project was also signed off by Newham Council’s planning committee this week, which will green light the delivery of nearly 7,000 homes.
The first phase of development will deliver 1,032 homes, with more than half of those homes designated as affordable housing. The Guinness Partnership will welcome their first residents on site early next year, as Silvertown takes its first steps towards becoming a vibrant new neighbourhood for the Royal Docks and wider east London.
In another boost for the project, a new pedestrian and cycle bridge across Royal Victoria Dock will also now move forward. The bridge will link Silvertown with Custom House Station and the Elizabeth Line, making walking, cycling and public transport the easiest ways to reach the area.
I am delighted that Newham Council has approved the Masterplan – a key moment as we look to deliver this exciting scheme. It is fantastic to see this development progressing as we look to transform this part of the capital and deliver a vibrant place to live, work and visit.
Tom Copley, Deputy Mayor of London for Housing and Residential Development
Newham Council’s Planning Committee has approved a revised masterplan for Silvertown to include 30% affordable housing. This updates the original 2016 outline consent to reflect London’s housing, design and sustainability priorities under current market conditions.
Set on a 60-acre site that has been largely derelict for more than 40 years, Silvertown will ultimately deliver close to 7,000 homes, next-generation workspace, restored heritage buildings including Millennium Mills, and a lively destination with shops, restaurants, cultural venues and an activated dockside.
Delivered in partnership with the GLA, Homes England, the Royal Docks and the London Borough of Newham, the project has benefited from £233 million in infrastructure loan funding from Homes England to unlock the site’s potential.
Tom Copley, Deputy Mayor of London for Housing and Residential Development, said: “The Silvertown site lay derelict for forty years, evading attempts by successive governments and mayors to regenerate it. It is now set to become a thriving new neighbourhood in the heart of the Royal Docks and I am delighted that Newham Council has approved the Masterplan – a key moment as we look to deliver this exciting scheme.
“With residents set to move into the first new affordable homes, it is fantastic to see this development progressing as we look to transform this part of the capital and deliver a vibrant place to live, work and visit.”
Mayor Rokhsana Fiaz OBE, Mayor of Newham said: “A key part of our inclusive growth ambition is to drive the transformation of our majestic Royal Docks. That’s why the Silvertown masterplan, set to deliver nearly 7,000 new homes, is fundamental to our vision of creating a thriving neighbourhood providing homes that people can afford and a vast array of opportunities including jobs. I’m looking forward to welcoming those residents moving into the first completed homes at Silvertown London as they settle on our majestic waterfront.”
Jess Wallis, Development Director for Lendlease, said: “This is an exciting moment for Silvertown. The first homes are ready, new residents are moving in, and the new cycle bridge will make it easier for everyone, new and long-standing residents alike, to connect with the wider city. From the beginning, we’ve focused on delivering affordable homes early and making sure local people feel the benefits right away. Silvertown’s future is being built with and for the local community.”
