Newspaper article The Evening Standard (London, England)

Make Room for the Improvers; This Year London Sweeps Aside the Old to Bring Transport, Homes and Communities to Areas That You Simply Won't Recognise

Newspaper article The Evening Standard (London, England)

Make Room for the Improvers; This Year London Sweeps Aside the Old to Bring Transport, Homes and Communities to Areas That You Simply Won't Recognise

Article excerpt

Byline: DAVID SPITTLES

DYNAMIC development across London is the way forward for 2007. Buyers will find no shortage of opportunities for new homes in areas they never knew existed as the city revitalises not only south and east London, but also the very epicentre of the West End with mixed-use projects.

Dominant trends are: the inexorable rise of south and east London; a revitalised West End; and regeneration hotspots spawned by giant mixeduse projects.

Neighbourhood watchers are advised to get to grips with the sweeping infrastructure projects under way, particularly transport changes.

The mayor's revised London Plan (or development blueprint) seeks to put transport hubs right at the heart of new residential and office communities.Even riverside flats will soon be for sale at the heliport in Battersea.

Regeneration of Dalston Junction, one of four East London line stations coming to Hackney, is typical of the new thinking. The station will provide a new community focus for the town centre.

Barratt is the "preferred" residential developer for a scheme of 500 flats to be built above the station, with a library, shops, cafes and public square on land next door. Paddington has proved that redevelopment around a major station can transform the status of an address, making it a much better place to live, even highly desirable. King's Cross is poised for the same treatment.

Equally exciting, rail freight yards at Cricklewood are earmarked to be turned into a giant new [pounds sterling]4 billion town centre that will link to an extended Brent Cross shopping complex. On the 250-acre site will be 7,500 homes, a new high street, two schools and a new train station.Public consultation is under way, and development partners Hammerson, Multiplex and Standard Life are likely to lodge a planning application in the spring.

High-rise clusters of homes are envisaged at Waterloo, Euston and Victoria stations. At London Bridge, Network Rail wants to rebuild the station to create capacity for an extra 60,000 passengers during peak times.

Together with the proposed Shard of Glass, it will involve a complete reconfiguration of the immediate vicinity, which embraces Borough Market.

Neighbourhoods to watch

Stratford City, Greenwich Peninsula, Wembley, Croydon, Canada Water, Deptford Creek, Battersea Power Station, Royal Docks, City Road canal basin, Park Royal and Bermondsey Spa are among the high-profile development projects to watch this year.

But do not overlook the regeneration ripple effect. Bordering areas benefit, Frequent flyers too, eventually. Also, try to spot neglected pockets sandwiched between already improving areas. The rundown strip of riverside between the Dome and Greenwich town centre falls into this category. Blighted by industrial premises, regeneration is imminent. …

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