Tower Hamlets council is seeking development and investment partners to help bring forward 52,000 planned homes in the east London borough.
Tower Hamlets: Future Places
The local authority has packaged up publicly controlled land, direct council development and major regeneration sites to bring forward the homes under its Future Places programme.
The proposals, created in partnership with Arup, include up to 10,000 homes at South Poplar and Billingsgate to the north of Canary Wharf; 3,300 homes across more than 40 council-owned sites; and 1,100 homes to be directly developed by the council over the next six years.
The programme identifies the health, research and technology sector as a key driver for the next phase of growth, including £800m in funding already secured for the Barts Life Sciences Cluster in Whitechapel, creating more than 5,000 jobs.
Lutfur Rahman, executive mayor of Tower Hamlets, said: “We are scaling up growth in Tower Hamlets and opening up major opportunities for investment across the borough. We are unlocking major publicly controlled sites and inviting partners to help deliver them.
“We have the land, the connectivity and the track record to move at pace. We are open for investment and ready to engage with partners who want to move quickly and deliver quality.”
Steve Halsey, chief executive of Tower Hamlets Council, added: “Future Places sets out a clear and deliverable pipeline. We have publicly controlled land, a strong planning track record and the senior capacity in place to move schemes forward.
“Our focus is on investment certainty and partnership, providing a single point of contact, consistent decision-making and proactive use of our planning and enabling powers to unlock development.”
Since 2011, Tower Hamlets has provided more than 38,000 new homes, more than any other London borough, granting consent for over 9,000 homes in the past year alone.
