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Seven shortlisted for east London Silvertown Quays development

The London Development Agency has shortlisted seven developer teams to come up with proposals for the 50 acre Silvertown Quays site in Newham east London

The shortlisted development consortia are:

  • St George Central London
  • Development Securities Consortium (Development Securities/Kier/Grainger/Places for People Homes
  • Hutchinson Whampoa Properties (Europe)
  • Stanhope
  • British Land/Barratt Developments
  • Chelsfield Consortium (Chelsfield Partners/First Base/Imagination Europe)
  • DV4 Limited (advised by Delancey Real Estate Asset Management)

The shortlisted consortia will meet LDA and Newham Borough council staff at Newham Dockside next week and be invited to come up with outline proposals for the site’s redevelopment by 10 October 2011.

The LDA has also reported strong interest from developers in its Royal Albert Dock site and will brief potential investors on this 35 acre site at an open day next week.

The deadline for response to the Royal Albert Dock Pre-Qualification Questionnaire is 7 October 2011. A shortlist of developers will then be invited to submit their outline proposals by December 2011.

The LDA will then, with the support of London & Partners, promote the Royal Albert Dock site to potential Chinese investors later this month.

London Development Agency Chief Executive Lurene Joseph said:  “The opportunities in the Royal Docks – at Silvertown Quays and the Royal Albert Dock – are attracting attention from some of the biggest developers and investors. We are pleased with the high level of market interest and we look forward to seeing their proposals to turn these sites into world class developments – urban centres with thriving businesses, high quality jobs and first-class communities.”

The Mayor of Newham Sir Robin Wales said: “London is moving east and there is huge potential here for investment, growth and greater prosperity. The Royal Docks are where London’s future essential economic growth can truly thrive. There has never been a better time to invest in the new heart of London.”

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