Magazine article The Spectator

Hot Property

Magazine article The Spectator

Hot Property

Article excerpt

Greenwich has that elusive characteristic aspired to by devotees of the self-help manual: a well-rounded personality.

Resisting the temptation to wallow in a glorious past embodied in the architectural riches of West Greenwich, the area is forging into the future. The brave new world of Greenwich Peninsula's Millennium Village is a £250 million, 1,400-home template for responsible 21st-century urban living -- and there is more to come.

A sharp rise in property prices when the DLR was extended to Greenwich in late 1999 sent property buyers scuttling eastwards, away from the elegant but increasingly unaffordable Georgiana that edges the park, towards the more downto-earth early Victorian terrace workers' cottages scattered round the sturdy brick chimneys of Greenwich power station, and beyond, to the windswept wastes of the North Greenwich peninsula.

Shaking off its somewhat shady past as a malarial bog, site of chemical-weapons research and home to the Millennium Dome, the 400-acre peninsula is the grateful recipient of one of the UK's largest ever regeneration schemes. The eco-friendly Legoland-style apartment blocks of the Millennium Village -- with its cycle paths, its 50-acre ecology park and its low-energy Sainsbury's -- are to be joined by a 'vibrant new urban quarter'. …

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