Development area: Greenwich Peninsula
Largest mixed use development project
In 2004 outline permission was granted for a very exciting large mixed use urban development project on the Peninsula.
The application for the project is the largest submitted in Europe and covers 1.4million square metres (346 acres) of development. In addition to retaining the Dome - now re-named the O2 - it provides:
- a 26,000 capacity arena
- sports, leisure and retail outlets in the Dome
- over 3,800 affordable dwellings
- over 10,000 new homes, including student and special-needs housing
- over 3,000 square metres of office space
- a new business park
- community uses including new schools and health provision
- 194,200 square metres (48 acres) of open space
- 300- and 500-bedroom hotels
- 25,000 jobs in commercial and retail enterprises.
The development of the area will also include schools and health facilities, transport improvements, and arrangements for local labour and employment.
The O2 opened in July 2007. It played a key role in the successful bid to host the London 2012 Olympic and Paralympic Games, during which time it will be known as the North Greenwich Arena.