£1bn docklands plan receives go ahead By Kate Allen
©Getty
A £1bn plan to create an Asian business district in a rundown part of east London’s docklands will go ahead after the local council gave planning permission. The Asian Business Port will include 4.7m square feet of floor space in the Royal Docks area, to the east of Canary Wharf, on a site previously owned by the public sector. It aims to attract Asian companies to open European offices in east London. The project is the biggest commercial property deal to be struck by London mayor Boris Johnson after his extensive lobbying of Asian investors. It is also one of the largest development schemes planned for the capital and among China’s largest investments in the UK to date. Newham Council on Wednesday agreed to three interconnected planning applications that outline the whole scheme and also contain detailed proposals for its first phase, comprising offices, serviced apartments and shops. The developers, Chinese property company Advanced Business Park and Stanhope, of the UK, hope the Royal Docks will become London’s third financial district after the City of London and Canary Wharf. They say the scheme will create 20,000 jobs. Xu Weiping, ABP chairman, said the company had already received 60 approaches from Chinese businesses interested in opening offices at the site. 1
The plans would “transform the derelict site into London’s next business district”, Mr Xu said, adding that Newham Council’s decision to approve the scheme was “a huge step forward for the wider regeneration of the Royal Docks”. ABP will relocate its headquarters from China to the 35-acre site, which will be connected to London’s transport network by the new Crossrail train line. Stuart Robinson, a director of property consultancy CBRE, which advised the developers on the planning application, said the council’s consent was a “milestone” in the regeneration of east London. “This site was vacant and seen as unviable for many years but has already attracted significant interest,” he said. London’s eastern docklands are experiencing a wave of development after decades in the doldrums. Irish developer Ballymore and Singapore company Oxley Holdings are building 3,400 homes in the area, while property entrepreneur Sir Stuart Lipton is building a hub for creative businesses in the area. This week, developer Carillion Igloo Genesis won a competition to design the UK’s first floating village at the Royal Docks, a plan Newham Council’s mayor Sir Robin Wales reportedly said would be a “yuppie ghetto”. Sir Terry Farrell was the architect who designed the ABP master plan. He said: “Historically the trading heart of the capital, this development will reinstate the Royal Docks as a commercial and trading centre for the 21st century.” The plans include a new high street, eight new squares and a waterfront boulevard.
http://www.ft.com/cms/s/0/0e9bb9a6-132a-11e4-925a-00144feabdc0.html#axzz38TOteXjJ
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Royal docks business park gets go-ahead for new development by Kasmira Jefford July 24, 2014, 1:55am
PLANS by a Chinese developer to create a £1bn business park in London’s royal docks aimed at attracting more businesses from China to the capital were granted planning permission last night. Beijing’s Advanced Business Park (ABP) plans to transform a 35-acre site – currently strewn with empty warehouses and unused docks – to create a base for Asian and Chinese businesses that want to establish European headquarters. The business park, on the north side of the Royal Albert Dock, would create 20,000 new jobs and deliver over 4.7m square feet of office space, along with support from retail and residential firms. Mayor of London Boris Johnson said that the development would have “the potential to become one of the most sought after addresses in the capital, while breathing new life back into London’s waterways”. http://www.cityam.com/1406163337/royal-docks-business-park-gets-go-ahead-new-development
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Chinese developer ABP and development manager Stanhope have been granted planning permission for the 4.7m sq ft scheme at Royal Albert Dock. Newham Council’s strategic development committee granted detailed planning approval for the first phase of the scheme, as well as outline approval for the rest of the development, last night. The 35 acre scheme for businesses from Asia will bring investment worth £6bn to this part of London and the UK, and the developers hope it will bolster trade links with Asian markets and attract new companies to set up European HQs. ABP said it has already received more than 60 expressions of interest from Chinese companies committing to office space on the site and earlier this year ABP established First Stop London, a corporate landing service to help Chinese enterprises locate in London. ABP chairman Xu Weiping said: “ABP’s £1bn scheme will transform this derelict site into London’s next business district, bringing significant social and economic benefits to the local area and creating up to 20,000 new jobs. “This permission is not just important for ABP; it is a huge step forward for the wider regeneration of the Royal Docks.” ABP plans to complete the first phase by 2018, which will include a central square, new routes through the site, offices and residential.
http://www.propertyweek.com/news/royal-albert-dock-gets-green-light/5069433.article
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Greenlightfor £1bnRoyalAlbertDockscheme Aaron Morby | Fri 25th July | 7:09 Chinese developer ABP and development manager Stanhope have been granted planning permission for their 4.7m sq ft scheme at Royal Albert Dock. Newham Council has just granted detailed planning approval for the first phase of the 35-acre scheme, as well as outline approval for the rest of the development. The site on the north side of the dock will eventually be home to over 3.2m sq ft of high quality work, retail and leisure space, including 2.5m sq ft of prime office space. The land is owned by the Greater London Authority and ABP have committed to developing a minimum of 600,000 sq ft in the first phase, with strong interest for office space already being shown by Chinese companies, including some of the country’s top banks.
Royal Albert Dock site
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Development plan designed by Farrells ABP chairman Xu Weiping said: “ABP’s £1bn scheme will transform this derelict site into London’s next business district, bringing significant social and economic benefits to the local area and creating up to 20,000 new jobs. “This permission is not just important for ABP; it is a huge step forward for the wider regeneration of the Royal Docks.” ABP plans to complete the first phase by 2018, which will include a central square, new routes through the site, offices and residential. Sixty Chinese companies have already expressed an interest in occupying office space on the site.
http://www.constructionenquirer.com/2014/07/25/green-light-for-1bn-royal-albert-dock-scheme/
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Huge east London schemes edge closer 25 July 2014 | By David Rogers
Meanwhile, plans by Farrells for Chinese developer ABP and UK development manager Stanhope to transform the Royal Albert Dock into the capital’s next business district have been given planning by Newham council. The proposals will cover 437,000sq m of office space and include eight new public squares and a dockside promenade ABP said it has received more than 60 expressions of interest from Chinese companies committing to office space on the site which covers 14ha. Terry Farrell said: “The masterplan creates a state-of-the-art business district for financial, high-tech and knowledge driven industries.”
Farrells is behind the masterplan for the Royal Docks
http://www.bdonline.co.uk/news/huge-east-london-schemes-edge-closer/5069971.article 9
Royal Albert Dock scheme gets go-ahead Newham Council has granted planning permission for Chinese developer ABP to carry out major redevelopment of land to the north of Royal Albert Dock.
ABP (London) Investment’s hybrid application is for part outline and part detailed planning permission to develop a floor area of more than 430,000m2. The outline component of the application will see the delivery of a business-led mixed-use development of more than 370,000m2, including up to 845 new homes. It will include retail, financial and professional services, food and drink areas, community, cultural and leisure facilities, as well as new highways and landscaping, public realm improvement works and the development of public open spaces. The detailed part of the of the application seeks includes more than 60,000m2 of floor space comprising businesses and serviced apartments, access and connectivity improvements. The proposals will also include restoration of a listed building that will provide restaurant and leisure uses. The permission is subject to a section 106 legal agreement. The agreement, which is still being negotiated, would see ABP provide the council with the equivalent of 35% affordable housing.
http://www.theconstructionindex.co.uk/news/view/royal-albert-dock-scheme-gets-go-ahead
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Newham resolves to grant permission for ÂŁ1bn Royal Albert Dock redevelopment Newham Council has resolved to grant planning permission and listed building consent for Chinese developer ABP's proposed ÂŁ1 billion redevelopment of land north of the Royal Albert Dock in east London into a major business district.24 Jul 2014
ABP was chosen as the Greater London Authority's (GLA) preferred developer of the 15.6 hectare site in October 2012. Proposals for the GLA-owned site include a total of nearly 440,000 square metres of floorspace, 70% of which will be developed for business use and just under 20% for residential use. The developer submitted detailed plans for the first phase of the redevelopment, which proposes 49,000 sq m of business space, 180 serviced apartments for up to three month rentals and 5,600 sq m of ground floor retail and leisure space as well as a temporary car park and energy centre. Two listed building consent applications were also submitted in relation to the first phase, to enable the proposed refurbishment and reuse of two Grade II listed buildings known as the Central Buffet and the Dock Manager's Office. An outline application was submitted for the later phases of development, which proposes a further 257,000 sq m of business space, 9,900 sq m of retail, community and culture, and assembly and leisure space and 87,000 sq m for residential use. 11
At pre-application meetings, officers from Newham Council had initially said that the site was not suitable for residential development due to its proximity to the runway for London City Airport. However, ABP has proposed to develop just over 20% of the site for residential use, with an indicative maximum of 845 units given in the outline planning application. ABP said in the planning statement submitted with its application that "a mix of uses, particularly residential, is critical to creating and sustaining a 'sense of place'" and that "residential development is felt very important to create vibrancy and activity". Speaking about the project in January, ABP chairman Xu Weiping said: "We want to attract high-quality businesses from China, from the rest of Asia and Europe across a range of sectors, including high tech, science, innovation technologies, finance, etc. But our development will also have a strong emphasis on culture, art and leisure for those business people working here." The proposals were on the agenda for a meeting of the Council's strategic development committee on 23 July, having been recommended for approval, subject to approval from the mayor of London and the secretary of state for communities and local government and a section 106 agreement, in an officer's report (382-page / 27.7 MB PDF). Following the Council's resolution to grant approval for the redevelopment, Xu was reported in the Estates Gazette to have said: "I am delighted with Newham council’s decision to grant permission for Royal Albert Dock. ABP’s £1bn scheme will transform this derelict site into London’s next business district, bringing significant social and economic benefits to the local area and creating up to 20,000 new jobs. " “We look forward to getting started on the first phase which will deliver around one-third of the site," said Xu. "We have seen high 12
demand from China and the Far East and hope to complete this first phase by 2018, generating economic activity and creating thousands of new jobs over the next five years.� http://www.out-law.com/en/articles/2014/july/newham-resolves-to-grant-permission-for-1bn-royal-alb ert-dock-redevelopment/
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ÂŁ1bn Asian Business District Given Planning Permission Nod for London's Docklands Area By Sean Martin July 24, 2014 17:38 BST
The Asian Business Port will help revamp a rundown area of east London ABP
A plan to create an Asian business district in east London has been given the green light by Newham Council. The ÂŁ1bn deal to create the Asian Business Port (ABP) was announced by Mayor of London Boris Johnson last July but planning permission stopped the plans from progressing. However, ABP has been given the nod from Newham Council's strategic development committee and will look to begin building in due course on the rundown area, which is east of Canary Wharf.
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The backers behind ABP, Chinese property developer Advanced Business Park Holdings, have revealed the soon-to-be created business district will deliver more than 4.7 million sq ft of office space across 35 acres, with retail and residential needs catered for in the surrounding area. It is estimated by Advanced Business Park Holdings that the plans will create 20,000 jobs in the process, with the first phase - one third of it - due to be completed by 2018. The idea for the ABP was first considered in a bid to improve trade ties with major corporations from Asia. The Beijing company said that it has already received significant attention with more than 60 companies from China having expressed an interest in renting office space in the area. Xu Weiping, the Chairman of Advanced Business Park Holdings, said: "This permission is not just important for ABP; it is a huge step forward for the wider regeneration of the Royal Docks." Sir Terry Farrell, who will be the architect for the Docklands area, said the new development will "re-instate" the area as one of London's top business districts. "Historically the trading heart of the capital, this development will re-instate the Royal Docks as a commercial and trading centre for the 21st century," he said. "The masterplan creates a state-of-the-art business district for financial, high-tech and knowledge-driven industries, which will act as a catalyst for the transformation of the wider Royal Docks and east London continuing the legacy of the London 2012 Olympics." http://www.ibtimes.co.uk/1bn-asian-business-district-given-planning-permission-nod-londons-dockland s-area-1458185
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£1bn Asian Business District Given Planning Permission Nod for London’s Docklands Area - Jul 25, 2014
The Asian Business Port will help revamp a rundown area of east London ABP. A plan to create an Asian business district in east London has been given the green light by Newham Council. The £1bn deal to create the Asian Business Port (ABP) was announced by Mayor of London Boris Johnson last July but planning permission stopped the plans from progressing. However, ABP has been given the nod from Newham Council’s strategic development committee and will look to begin building in due course on the rundown area, which is east of Canary Wharf. The backers behind ABP, Chinese property developer Advanced Business Park Holdings, have revealed the soon-to-be created business district will deliver more than 4.7 million sq ft of office space across 35 acres, with retail and residential needs catered for in the surrounding area. It is estimated by Advanced Business Park Holdings that the plans will create 20,000 jobs in the process, with the first phase – one third of it – due to be completed by 2018.
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The idea for the ABP was first considered in a bid to improve trade ties with major corporations from Asia. The Beijing company said that it has already received significant attention with more than 60 companies from China having expressed an interest in renting office space in the area. Xu Weiping, the Chairman of Advanced Business Park Holdings, said: “This permission is not just important for ABP; it is a huge step forward for the wider regeneration of the Royal Docks.” Sir Terry Farrell, who will be the architect for the Docklands area, said the new development will “re-instate” the area as one of London’s top business districts. “Historically the trading heart of the capital, this development will re-instate the Royal Docks as a commercial and trading centre for the 21st century,” he said. “The masterplan creates a state-of-the-art business district for financial, high-tech and knowledge-driven industries, which will act as a catalyst for the transformation of the wider Royal Docks and east London continuing the legacy of the London 2012 Olympics.”
http://www.easybranches.eu/european-news/1690481.html
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Royal Albert Dock business district proposals approved
The proposed development of the Royal Albert Dock (pic: HayesDavidson) Sophie Morton, ReporterThursday, July 24, 2014 3:05 PM Plans for a new business district in the Royal Albert Dock have been approved by Newham Council.
The proposed development of the Royal Albert Dock (pic: HayesDavidson)
Chinese developers Asian Business Partnership (ABP) and UK development manager Stanhope submitted a proposal to transform the dock into a 35 acre hub back in April, with the council’s Strategic Development Committee granting planning approval on Wednesday.
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Up to 20,000 new jobs will be created by the £1 billion scheme, which is designed by architects Farrells and will see office space, homes and retail units built. Chairman of ABP, Xu Weiping, said: “I am delighted with Newham Council’s decision to grant permission for Royal Albert Dock. “This permission is not just important for ABP; it is a huge step forward for the wider regeneration of the Royal Docks. “We look forward to getting started on the first phase which will deliver around one third of the site. “We have seen high demand from China and the Far East and hope to complete this first phase by 2018, generating economic activity and creating thousands of new jobs over the next five years.” Sixty Chinese companies have already expressed an interest in occupying office space on the site. It is intended to bring £6 billion worth of investment to the borough and bolster trade links with Asia.
http://www.newhamrecorder.co.uk/news/royal_albert_dock_business_district_proposals_ap proved_1_3698732
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Royal Albert Docks - London, 4.7 million sq ft Royal Albert Docks gets planning permission Date: 24 Jul 2014 4.7 million sq ft Royal Albert Docks gets planning permission Chinese developer ABP's Royal Albert Docks plans gained outline planning last night from Newham council. The plans create a 4.7 million square feet complex of offices and supporting residential and retail units and public squares, located just above London City Airport. The approval for the ÂŁ1.5 billion 35-acre Royal Dock development comes on the back of planning permission granted for the 6.5 million sq ft Wood Wharf development at Canary Wharf by Tower Hamlets council on Tuesday (http://www.propertymall.com/property-news/article/36119-Tower-Hamlets-grants-planning-permission-for-6.5-millionsq-ft-Wood-Wharf-development). Plans to build Britain's first 'floating village' at London's Royal Docks moved a step closer yesterday too after the Mayor of London, Boris Johnson, revealed that Carillion Igloo Genesis had won the competition to design and build it (http://www.propertymall.com/property-news/article/36131-Mayor-picks-developer-to-build-Royal-Docks-floating-villag e). The three projects would totally transform vast sways of land in East London, with Royal Albert Dock planning on being transformed into 'London's third business district.' By Harry Hanscomb Are you looking to list your properties on your website and on other property listing websites? Muchimmo is the leading provider of online solutions for commercial property.
http://www.propertymall.com/property-news/article/36139-4.7-million-sq-ft-Royal-Albert-Doc ks-gets-planning-permission
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Architects named for second phase of £1bn Asian Business Port 25 JULY, 2014 | BY RICHARD WAITE
A raft of prominent architects has been appointed to provide detailed design work for the second phase of London’s newest business district in the Royal Albert Docks. Buckley Grey Yeoman, Fletcher Priest, Cartwright Pickard, Maccreanor Lavington and Panter Hudspith are working on concepts for the next stage of the £1 billion Asian Business Port which has been masterplanned by Terry Farrell. Backed by Chinese developer Advanced Business Parks, the detailed first phase of the scheme which has also been drawn up by Farrells - was given planning permission by Newham Council’s Strategic Development Committee last week (23 July). Outline planning permission for the remaining 374,000 m² of the site was granted at the same meeting. The overall aim of bringing the new architects on board has been to show the potential variety and design direction of the later phases of the docks. The initial masterplan by Farrell has been devised to create a new business district focussing on Asian and Chinese companies by Chinese developer ABP and UK company Stanhope. The total site covers an area of 35 acres with both phases expected to be complete in 2023. Speaking about the scheme Terry Farrell said: ‘Historically the trading heart of the capital, this development will re-instate the Royal Docks as a commercial and trading centre for the 21st century. The masterplan creates a state-of-the-art business district for financial, high-tech and knowledge driven industries which will act as a catalyst for the transformation of the wider Royal Docks and East London continuing the legacy of the London 2012 Olympics. ‘This will be a place buzzing with activity during the day, in the evenings and at weekends with over 3 million square feet of high quality work, living, retail and leisure space with over a kilometre of activated waterfront. Running from East to West there will be a new waterside promenade, lively new high street, eight new London squares and an ecological corridor acting as a buffer to the main road.’ The new business district was unveiled by the Mayor of London in May last year, and will include 256,000m² of office space and up to 845 new residential units and eight new public squares.
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Previous story (AJ 29 05 2013) AJ exclusive: Farrell’s £1bn Asian Business Port in Royal Docks Terry Farrell has revealed plans for a massive £1 billion business park for Chinese companies in Royal Albert Dock, east London The low-rise, 14 hectare office scheme is to be built on long-redundant land in Newham in the enterprise zone by London City Airport and is being billed as a ‘mini-Canary Wharf ‘. Chinese developer Advanced Business Parks (ABP) and development manager Stanhope have signed an agreement with the Greater London Authority to take forward the project which insiders expect to create a wealth of new work for practices. Known as Asian Business Port, the first phase will deliver 63,000m of offices and, subject to planning consent, could complete by 2017. Airport safeguards preclude any buildings higher than 10 storeys. Early stages also included a new ‘central square’ and a dock edge walkway. As well as plans for a new pedestrian bridge into Beckton Park, the project backers intend to create a series of ‘meanwhile uses’ during construction. Delivery of the whole project, which is expected to create 300,000 sq m of commercial space, ‘is tentatively scheduled’ for 2023. More than £56 million will be spent on infrastructure. Terry Farrell said: ‘This crucial component of the Royal Docks, almost 40 acres of local and national opportunity, [acts] as a missing connection in the re-invention of the east side of London.’ Lee Mallett, urban regeneration adviser at Urbik, said: ‘It is excellent news that land which has lain fallow for decades - after nearly 80 masterplanning attempts - is to become economically productive again thanks to Chinese interest in London’s economy. [Although] you can’t help feeling that the public sector’s role in this has not been as productive as it might have been… at last something is happening and London is realising its eastern promise.’ However not everybody has welcomed the proposals. Peter Rees, city planning officer at the City of London said: ‘Looks like the out-of-town business park concept isn’t dead after all.’ Ben Paul of East End-based practice Neu Architects added: ‘We don’t want to see another privately owner swathe of London being developed without any long-term connection to the local community.
http://www.architectsjournal.co.uk/news/daily-news/architects-named-for-second-phase-of-1 bn-asian-business-port/8666305.article#
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Royal Docks business district approved
Newham Borough Council has approved plans for a very large commercial development on land to the north of Royal Albert Dock.
It approved a hybrid application, giving part outline and part detailed planning consent to a floor area of more than 430,000m².
The outline proposals include 370,000m² of space including 845 homes plus retail, financial and professional services.
Detailed consent has been given to 60,000m² of business space and serviced flats. The proposals also include restoration of the listed Dock Manager’s Office and Central Buffet. “Historically the trading heartland of the capital, this development will reinstate the Royal Docks as a commercial and trading centre for the 21st century, delivering around 20,000 full-time jobs and creating homes for local people,” said Newham’s mayor Sir Robin Wales. “We look forward to working with ABP to take this development forward.” A Section 106 agreement is being negotiated under which ABP would invest £4.5m in Newham’s employment service and offer local businesses the opportunity to become a preferred supplier during construction.
Newham hopes the development would be the largest new business district in the country.
http://www.brownfieldbriefing.com/news/royal-docks-business-district-approved
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Business-led scheme approved at London's Royal Docks 25 July 2014 by John Geoghegan , Be the First to Comment
Plans for more than 1,000 homes and 300,000 square metres of business space in East London's Royal Docks have been given the green light.
A visualisation of the Royal Albert Dock scheme
The London Borough of Newham’s strategic development committee granted planning approval for the mixed-use, business-led development at the Royal Albert Dock on Wednesday. The hybrid application, submitted by Chinese developer ABP and UK development manager Stanhope and masterplanned by consultancy Farrells, proposes a 14-hectare business-led development. The applicants hope to transform the Royal Albert Dock into the capital’s next business district, creating up to 20,000 new jobs, aimed at investors from Asia. The approval involves a detailed application for phase one of the scheme and outline planning approval for the remainder of the site. The first phase of the development includes up to 49,000 square metres of business 24
space and 180 flats plus a central square. The outline component involves up to 257,000 square metres of business space, 87,000 square metres of residential space, not exceeding 845 homes. Also included is 9,800 square metres of shops, financial services, restaurants, community and leisure uses. The outline plan further promises to make about 1km of waterfront accessible and create eight new public squares and a dockside promenade. Sir Terry Farrell said: "Historically the trading heart of the capital, this development will re-instate the Royal Docks as a commercial and trading centre for the 21st century. "The masterplan creates a state-of-the-art business district for financial, high-tech and knowledge driven industries which will act as a catalyst for the transformation of the wider Royal Docks and East London continuing the legacy of the London 2012 Olympics." Farrell said there would be "over 3 million square feet of high quality work, living, retail and leisure space with over a kilometre of activated waterfront". ABP chairman, Xu Weiping, said the firm would invest £1 billion in the scheme which would "transform this derelict site into London’s next business district, bringing significant social and economic benefits to the local area". "It is a huge step forward for the wider regeneration of the Royal Docks," he added. Xu said there has been "high demand from China and the Far East" and the firm hoped to complete the first phase by 2018. http://www.planningresource.co.uk/article/1305344/business-led-scheme-approved-lond ons-royal-docks
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Peter Bill: Docklands developers push the boat out PETER BILL Published: 24 July 2014 Updated: 14:06, 24 July 2014
A wave of pronouncements this week promise that a £9.5 billion development boom will wash over 130 acres of Docklands in the next 15 years — provided the economic tide does not turn, of course. Canary Wharf obtained final permission for its £4.5 billion development of Wood Wharf, 18 acres to the east of its existing estate. Chinese developer ABP, meanwhile, gained outline permission last night for a £1.5 billion scheme on 35 acres to the north of City Airport. Consortium Carillion/Igloo/Genesis is to punt a 15-acre floating village in The Royals, which could end up being worth a few million, fingers crossed. Lastly, a chat with the developers of Silvertown discovered that a truckload of documents was sent to Newham Council last week. These outline a £3.5 billion plan to build the most novel development of all, on 62 acres close to the airport. The three big schemes fill the last gaps in a plan to revive Docklands, initiated in 1981 by Michael Heseltine, pictured below at the time, with the setting up of the London Docklands Development Corporation. Plenty has been written about Wood Wharf. The latest news is a promise from boss Sir George Iacobescu that “we expect to start on site in the fourth quarter of 2014”, putting him ahead of his rivals down in The Royals. ABP will start constructing its 4.7 million square feet only when buildings are sold or leased to the Chinese investors and/or manufacturers. Builder Carillion, funder Igloo and social housing group Genesis only plan to dip their toes in the water, committing to just 50 homes. The big news at Silvertown is that a half-billion-pound commitment is about to be made. The Silvertown Partnership — builder First Base, developer Chelsfield and Australian bank Macquarie — is in negotiations with overseas funders to finance the first third of the seven million square-foot development. “The beating heart” of phase one will be the transformation of the 10-storey art deco Millennium Mills.
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“This beautiful building should become as iconic for east London as Battersea Power Station is for west London,” said Barry Jessup of First Base. “We want to make this London’s first 24/7 global business district. The Millennium Mills will become the beating heart of the area and help make the whole of the Royal Docks successful.” The enthusiastic 42-year-old took nine prospective tenants to the site yesterday. Jessup has visited it 25 times this year from his Oxford Street base, taking those who might one day rent space — not just in the Millennium Mills but also in the three million square feet of “brand flagships”. These 40 buildings are planned to provide unique spots in London, with the world’s first-ever gathering of brands designed to attract between 13 million and 18 million visitors a year. The nearby Siemens Crystal is a lone example. “There are plenty of examples around the world where companies have built centres to exhibit themselves,” Jessup said. “We will be bringing them together. But they have all said that the last thing they want is to be dumped in some sort of ‘park’. “These brands want to be part of a living and breathing community. That’s why we have worked to integrate the housing, offices and restaurants.” The partnership has begun to “design up” concepts for potential clients, using master-planners Fletcher Priest and Eric Kuhne. The detailed application for phase one will go to Newham council this autumn. A “soft-strip” of Millennium Mills begins next month. “We will start building next year,” Jessup promised. The economic tide will of course turn, draining confidence in the three big schemes at least once before 2030, probably twice. The trick for all three is not to be caught swimming naked when the inevitable happens.
...and Chinese foothold is a feature Newham council yesterday passed outline plans for a Chinese “trading beachhead” next door to its own headquarters. The business park will sit north over the water from City Airport. A series of blocks to house Chinese firms looking to set up in Europe will be constructed by Xu Weiping of ABP, who has built a similar park in China. The blocks, being marketed by Savills, will either be built to order, or by Chinese investors willing to take the risk of the space being let.
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A right royal makeover The Royal Docks will gain a new “beating heart�, with the transformation of the Millennium Mills, says the developer. Flour was first ground in the original building (above) in 1905. The now-derelict art deco edifice containing half a million square feet of space was finished in 1933. The Silvertown Partnership plans to open bars and restaurants on the first two floors and on the roof of the 10-storey concrete structure (left). The other eight floors will be high-ceilinged spaces for tech, media and small businesses. http://www.standard.co.uk/business/markets/peter-bill-docklands-developers-push-the-boat-out-9626157. html
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Asian business district at Royal Docks approved By Rachel Bishop on July 29, 2014 11:11 AM |
Plans to transform Royal Albert Dock into an Asian business district have been approved by Newham Council. The scheme will bring ÂŁ6 billion worth of investment to the East End and the UK and create 20,000 jobs. The 35 acre development, from Chinese developer ABP and UK development manager Stanhope, will include 4.7million sq ft of business led floor space for Asian businesses with an aim to improve trade links with Asian markets.
There will also be residential and retail units within the site, 1km of waterfront, eight new public squares, a dockside promenade and green links throughout.
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Chairman of ABP, Xu Weiping, said: "ABP's ÂŁ1bn scheme will transform this derelict site into London's next business district and bring significant social and economic benefits to the local area.
"We look forward to getting started on the first phase which will deliver around one-third of the site. "We have seen high demand from China and the Far East and hope to complete this first phase by 2018, generating economic activity and creating thousands of new jobs over the next five years." http://www.wharf.co.uk/2014/07/asian-business-district-at-roy.html
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Feature: Asian capital to add fuels on east London's regeneration English.news.cn
2014-07-31 20:00:44
LONDON, July 31 (Xinhua) -- East London's development need Asian money, in order to maximize the Capital's geological advantage on bridging the two hemispheres, and lure more companies and talents from Asia. It sounds like a fair deal and simple equation, and actually, it has also been happening over the past years. During the media visit in the Royal Docks this week, Xinhua could easily feel Asia's strong presence on the dock lands, and the wider area -- east London. MAJOR PROJECTS The Royal Docks, glorious marine commercial hub in Victoria's era, are engaging in regeneration since the beginning of the 21st century. And the blueprint is matching the strategic outlook of London's eastern expansion. London's Royal Docks were built in the mid 19th century, one of the symbolized Victorian engineerings. 13m deep and 4km long, they cover an area the size of central London, and are recognized as the largest enclosed dock land in the world. Hit by the economic transformation, they were closed to commercial vessels in 1981. However, since the beginning of the 21st century, the Royal Docks and the east London have been on the trajectory of renovation, and was largely propelled by the 2012 London Olympic Games. Mike Luddy, managing director of the Royal Docks Management Authority, told Xinhua that the Royal Docks "absolutely come to life since the Olympic Games," and are still leading the way of "Londonpush-in." Now connected by light railway DLR and Thames river cablewayEmirates Air Line, and highlighted by new landmarks around, including the O2 Arena, Siemens Chrystal and the ExCel London exhibition center, the Royal Docks have the assets to incubate a new economic engine to the Capital. Illustrating with designing plots, Luddy said that couples of "master projects" are being constructed or in the process of planning application. They are: the Floating Village at the Royal Victoria Dock, the Asian Business Port at the Royal Albert Dock, the expansion of London City Airport, mixed use development projects likeSilvertown, etc.
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Besides, when the 118km railway line Crossrail begin its full operation in 2018, the commuting time between the east and west London will be largely shortened. And this will be significantly beneficial to the balance growth of London. ASIAN PRESENCE It is hard to imagine that without the huge amount of investment injected by Asian capital, the fate of the Royal Docks revival could still grip its solid ground. The Asian Business Port, a real estate project developed by Chinese property company Advanced Business Park (ABP), has been one of the most highlighted and triumphed commercial developments program for the Council of the London Borough of Newham and the Greater London Authority. With 4.7 million square feet of floor space, ABP aims to build a new business district, by attracting Asian companies to open European officers in east London, as well as European companies to do Asian businesses here. The company claims that it hopes the project will become London's third financial hub after the City of London and Canary Wharf. They say the program will create 20,000 jobs. Neil Robinson, Director of Marketing and Communications of ABP, told Xinhua that the Asian Business Port is the "next and most exciting project of the Royal Albert Dock." The scheme was granted the planning approval by the Newham Council on 23 July. The first phase of the project is expected to be completed by late 2017 or early 2018, then the whole project will be completed by 2025. Diagonally opposite to the ABP's site, the Royal Wharf, a new town project with nearly 3400 riverside homes, is developed by Singapore's Oxley and Britain's Ballymore. It is one the biggest residential developments in London. Works have already begun on site with Royal Wharf's first residents moving in during 2016 and the whole project expected to be completed by 2020. Meanwhile, Xinhua was told that one of the largest residential developments in Britain will be announced in September. With 10,000new homes in plan, the project, which is funded by Hong Kong-based Knight Dragon, aims to redevelop the Greenwich peninsula in southeast London. Knight Dragon is owned by New World Development, which is reigned by Hong Kong's billionaire Henry Cheng Kar-Shun.
http://news.xinhuanet.com/english/business/2014-07/31/c_133523193.htm
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新聞分析：亞洲資本驅動英國“皇家碼頭”重生活力 2014 年 07 月 31 日 12:24:03 來源： 新華網
新華網倫敦７月３０日電（記者張濱陽 吳心韜）在亞洲資本驅動下，位于倫敦東部泰晤士河岸 的“皇家碼頭”正重獲新生，且有望崛起為倫敦第三個金融中心。 來自中國總部基地、新加坡豪利控股等房地產開發商正計劃今後數年投入數十億英鎊資金，建 設商業和住宅項目，力圖打造倫敦第三個金融中心。對此，倫敦市長鮑裏斯‧約翰遜表示：“這標志著 這一偉大地區的重生，不僅將帶來巨大的投資機會，還讓東方和西方在這裏交融。” 中國總部基地的項目位于皇家阿爾伯特碼頭，計劃今後１０年投資１０億英鎊（約合１７億美 元），建設４４萬平方米的辦公商務中心及附屬休閒設施。 總部基地全球市場和溝通經理尼爾‧魯濱遜告訴新華社記者，這個項目將吸引亞洲和中國的新興企 業進入倫敦，進而輻射整個歐洲，將成為中國和其他亞洲國家的企業投資海外門戶，加強英國與亞洲之 間的經濟往來。 他介紹說，該項目的計劃書已獲得地方政府批準，預計一期工程將在２０１８年完工，全部項目將 在２０２５年建成。 新加坡豪利控股則在皇家碼頭開發一處以住宅為主的房地產項目。該公司銷售經理馬修‧庫克 告訴記者，這個項目建築面積３６萬平方米，建成後將能容納１萬人在此居住。據介紹，今年３月項目 一期開盤，數百套房子在３周內全部賣光，其中４０％的買家來自亞洲。 除商務和住宅項目，皇家碼頭還將打造一係列零售、餐飲和休閒項目。一個名為“銀城”的項 目，以規劃開發“旗艦店”地產為賣點，希望吸引世界知名品牌來此開設概念店。而另一個名為“漂浮 村莊”的項目，計劃在碼頭水面上建設水上餐廳、酒吧和商店，為人們提供新鮮的休閒和購物體驗。 皇家碼頭由三座碼頭組成，包括皇家阿爾伯特碼頭、皇家維多利亞碼頭和喬治五世國王碼頭。 建成于１８５５年至１９２１年之間的三座碼頭水域面積達１平方公裏，相當于從海德公園到倫敦塔橋 市中心的面積。
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曾盛極一時的“皇家碼頭”是世界上最大的封閉式碼頭，代表了十九世紀維多利亞時代英國的 工業成就。２０世紀上半葉，皇家碼頭取得巨大商業成功，但在二戰中遭轟炸損毀，盡管戰後曾短暫復 興，卻最終于１９８１年關閉全部商業航運，從上世紀八十年代後期開始走上艱難的轉型重生之路。 上世紀八十年代末，倫敦城市機場建成，飛機跑道就建在中央碼頭之上，這座機場構建起通往 歐洲各地及美國的空中通道。２０００年，倫敦展覽中心在皇家維多利亞碼頭上建成，成為歐洲最大的 會展中心。２０１２年，英國政府將皇家碼頭劃為特別企業區，相關企業在這裏將獲得諸多優惠和便利。 皇家碼頭管理有限公司總經理麥克‧魯迪說：“皇家碼頭歷史悠久，獨一無二。這裏匯集機場、 大學、會議中心和城市觀光纜車，交通四通八達。未來這裏將展現像紐約曼哈頓一樣的城市天際線。”
http://big5.xinhuanet.com/gate/big5/news.xinhuanet.com/fortune/2014-07/31/c_1111881660.htm
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总部基地伦敦亚洲商务港(ABP)规划获批 作者：范慧勇 董白白
发布于：2014-7-24 4:04:56
行业资讯
《英国房产周刊》独家报道，7 月 23 日晚，伦敦市纽汉姆(Newham)区政府正式批准总部基地亚洲商务港(ABP)的项目 规划。项目获批后，总部基地集团将全面启动建设工程，商务港第一期预计于 2018 年竣工交付使用。
去年 5 月 29 日，伦敦市长鲍里斯·约翰逊做东，和总部基地中国控股集团(ABP)董事长许为平签署了一 项价值 10 亿英镑的合作协议，计划将东伦敦的皇家阿尔伯特船坞区(Royal Albert Dock)改造成“亚洲 商务港(ABP)——伦敦的第三个金融城”。 总部基地集团计划开发的东伦敦皇家阿尔伯特码头地块共 35 英亩。该项目将分为 5 期投资，总投资额 达 10 亿英镑，建筑面积 29.76 万平方米，由写字楼、住宅和店铺组成，主要吸引中国及亚洲金融机构 等大型企业进驻。商业港项目将为纽汉姆区带来 20,000 个新的工作机会，将为英国经济带来 60 亿英 镑的价值。
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总部基地对于合作伙伴的挑选向来保持高标准、严要求。这次的伦敦项目也不例外。2013 年 12 月 11 日，第一太平戴维斯（Savills）宣布与中国地产开发商总部基地集团建立全球范围内的商业合作，负责 其商业项目的推广。作为全球领先的房地产服务提供商，此次合作也是第一太平戴维斯首次与中国地产 企业达成如此大规模的合作协议。这样的强强联合，势必为总部基地项目的开发及运作提供强大支持。 自签约以来，为展示总部基地集团对海外市场，尤其是英国市场的重视，今年 2 月 5 日，总部基地中 国控股集团宣布，将其全球总部设在伦敦纽汉姆 Dockside 大厦东翼楼四层。据悉，该楼所有权为纽汉 姆区政府，总部基地签订的租期为十年，将在伦敦总部招聘超过 100 名员工。
交通优势可谓是总部基地 ABP 项目最大的卖点。由于毗邻伦敦城市机场，总部基地更是大肆宣传其连 通欧洲各国的交通优势，2 小时内可直达欧洲 29 个城市。此外，受正在建设的横贯铁路的带动，在未 来，从总部基地伦敦项目到伦敦市中心的时间也将大幅缩短。ABP 将成为一个 24 小时全天候、活力四 射的商务区，将东方的亚洲企业与西方的英国及欧洲企业紧密相连。 http://www.ukpropertyweekly.com/aspcms/news/2014-7-24/267.html
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