MD1487 Completion of legal agreements for the development of land at Pontoon Dock, Royal Docks

Type of decision: 
Mayoral decision
Code: 
MD1487
Date signed: 
01 April 2015
Decision by: 
Boris Johnson MP (past staff), Mayor of London

Executive summary

The Housing and Land Directorate, using the GLA’s London Development Panel (LDP) has selected a preferred partner to develop 0.69Ha of land within the Royal Docks, London Borough of Newham. Approval is sought to appoint the selected partner to deliver 211 homes and create a high quality residential-led development at Pontoon Dock, (see plan at Appendix 1).

Pontoon Dock will lead the way in delivery of 137 homes for the Private Rented Sector (PRS) led by Bouygues Development-Leadbitter Limited, which has attracted an institutional investment partner, proposed as a Joint Venture between the London Pensions Fund Authority and Grainger PLC meeting the required minimum 10-year hold period.

Part 1: Non-confidential facts and advice