A Vibrant New District for New London
Until around 100 years ago, the main claim to fame of Greenwich Peninsula was its wildlife and fisheries but in 1897, the Blackwall Tunnel was built under the River Thames to link the peninsula with the North bank, and with the tunnel came development.
The area thrived for years but gradually, over the decades, industry dwindled. By the mid-1980s Greenwich Peninsula was left largely derelict. Incredibly, in a bustling city where the most precious commodity is land, this prime site, so close to historic Greenwich and just across the river from thriving Canary Wharf, remained abandoned and unused.
In 1997, the Greater London Agency (formerly the Homes and Communities Agency) purchased the site and, following an international competition to appoint a private development partner, some of the world’s most forward thinking developers and architects were bought together in a unique collaboration. Greenwich Millennium Village Ltd was appointed; a joint venture between Countryside Properties plc and Taylor Wimpey to develop the site. The ethos behind the project was to provide a range of high quality and innovative homes that would facilitate a more sustainable lifestyle.
Greenwich Millennium Village also forms part of the Thames Gateway, one of Europe's largest regeneration projects. Areas of land, generally derelict, located along parts of the Thames river valley, were identified as ideal opportunities for large-scale urban regeneration and development. The Gateway stretches 40 miles along the estuary from Canary Wharf in London to Southend in Essex and Sittingbourne in Kent.
At the moment there are 1,095 homes, together with a number of shops and commercial units. When the development is completed it is expected that there will be over 1800 homes in addition to commercial space and community facilities.