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Silvertown Quays down to shortlist of three

Mayor of London Boris Johnson today announced the final shortlist of three developers vying for the Silvertown Quays regeneration project in East London.

Chelsfied Consortium, DV4 and St George will now come forward with detailed proposals for the 50 acre site in the Royal Docks.

The Chelmsfied Consortium is made up of Chelsfied Partners, First Base and Imagination Europe.

DV4 is a Delancey backed vehicle.

Located in the Royal Docks enterprise zone, the development is expected to act as a major boost on regeneration in the area.

Mr Johnson announced the shortlist while attending the topping out ceremony for the new Siemens Sustainability centre in the Royal Docks known as the Crystal.

He said:  “Located in the heart of the new Royal Docks Enterprise Zone, Silvertown Quays has a very bright future that will help drive the regeneration of East London.  I look forward to seeing inspiring ideas that rise to the challenge we have set.

“I want to see lasting jobs created and new sustainable communities emerge from this prime development opportunity which also acts as a catalyst for chance across the wider area that has been neglected for so long.”

The developers will work with the London Development Agency to finalise their plans.

LDA chief executive Lurene Joseph said:  “I am delighted that Silvertown Quays has attracted the interest from the top tier of British developers.  This confirms the scale of the opportunity on the future of this landmark site.  We are now looking to the shortlisted developers to come up with detailed proposals that match our ambition to transform Silvertown Quays into a thriving world class urban centre.  We look forward to selecting a final preferred developer in March 2012.

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