Newspaper article The Evening Standard (London, England)

Dome's New Neighbours Cost [Pounds Sterling]5bn; Peninsula to Have 10,000 New Homes, Shops, Park and Schools

Newspaper article The Evening Standard (London, England)

Dome's New Neighbours Cost [Pounds Sterling]5bn; Peninsula to Have 10,000 New Homes, Shops, Park and Schools

Article excerpt

Byline: MIRA BAR-HILLEL

THIS is how Greenwich peninsula will look in 15 years - a mixture of homes, gardens, shops, open-air cafes and public sculptures in treelined avenues.

It will take [pounds sterling]5billion to transform the area around the Dome from derelict industrial land into a modern neighbourhood.

The Millennium Dome itself will become an arena, exhibition centre and music club with a theatre and cinemas.

A total of 10,000 homes will be built in three residential areas, of which 3,800 will be priced for key workers such as nurses.

One of the areas will run alongside the Thames, while the other two will be separated by a park covering nearly 47 acres, or almost the same size as Green Park.

A stretch of riverfront as long as that between Waterloo and London Bridgewill be landscaped and converted for leisure use.

The peninsula will be served by 150 shops and restaurants, a primary and secondary school, health and childcare facilities, a museum and a multi-faith centre.

A new business district next to the Dome will offer 5,000 permanent new jobs.

A new square roughly the size of Leicester Square is planned at the entrance to the once controversial building.

The square will open in the summer at the same time as the new-look Dome, now called The O2 Arena, which says it already has 150 events booked for the first year, including concerts by Justin Timberlake on 4, 5 and 7 July.

Public transport on and to the peninsula will be improved, along with road junctions on site.

The developer, Lend Lease and Quintain Estates and Development, which as Meridian Delta Ltd is working with the Government's regeneration agency English Partnerships, says it is committed to making the scheme as green as possible.

Apart from the use of brownfield land, this will include buildings designed and built to "the highest environmental standards", an emphasis on public transport and London's first Low Emission Zone. All private vehicles will need to be emissions-compliant by 2009 and pedestrians and cyclists will have priority over cars. …

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