Regeneration news
Affordable housing milestones in Royal Albert Wharf: landmark development welcomes its first residents
Gallions Green, a key development site in Royal Albert Wharf, is welcoming its first residents as it reaches practical completion, with the final handovers due to take place later this month.
The development is the penultimate phase of the wider Royal Albert Wharf masterplan in the Royal Docks and welcomed the Mayor of London, Sadiq Khan, just a year ago to celebrate the phase reaching its highest point.
Gallions Green features two buildings offering a total of 267 new homes, more than half of which are affordable housing, with 40% being larger homes designed with families in mind.
The project is a joint venture partnership between Notting Hill Genesis, one of the largest housing associations in the country, and Telford Homes, one of London’s leading residential and mixed-used developers. Of these homes, 132 will be delivered for market rent on behalf of a joint venture between EQT Exeter and Sigma Capital Group and will transfer to SIGMA Capital in March, when they are expected to handover.
The Royal Docks is the largest redevelopment site in the capital and we have exciting plans to deliver tens of thousands of new homes and jobs across this part of east London
Tom Copley, Deputy Mayor of London for Housing and Residential Development
The rental phase of the scheme, known as Anchor’s Point, will include a mix of one, two and three bedroom apartments, family-friendly duplexes, concierge, a resident gym, co-working space and a resident lounge, and will be managed under the Simple Life London rental brand – one of the leading build to rent (BTR) providers in the UK.
Meanwhile, a new high-quality riverside development where more than three-quarters of homes will be affordable housing has reached its highest point.
Gallions View will provide 238 homes in total, which are due to be completed in April 2025. They will be delivered by not-for-profit housing provider Notting Hill Genesis and contractor Lovell Partnerships.
It is the sixth and final phase of Royal Albert Wharf and thanks to additional funding from the Mayor of London it will offer 76% affordable housing, including London Affordable Rent, London Living Rent and Shared Ownership affordable tenure. Notting Hill Genesis are also working with the Royal Docks Team to create a new area of community open space on the site.
Once completed, Royal Albert Wharf in the Royal Docks will have been transformed into a vibrant mixed-use community for people to live and work. There will be 1,856 homes, 9,100sqm of commercial space as well as affordable studio space for artists and the creative sectors, managed by Bow Arts Trust. Thanks to more than £34m of funding from the Greater London Authority, 42% of the total homes will be genuinely affordable housing.
Tom Copley, Deputy Mayor of London for Housing and Residential Development, said: “I’m delighted that Gallions Green is welcoming its first residents. With half of the new homes in this scheme being affordable tenures, this partnership between the GLA, Notting Hill Genesis and Telford Homes supports our mission to deliver more high-quality, affordable homes across the capital. I’m also pleased that great progress is being made at Gallions View, where over three-quarters of new homes will be genuinely affordable.
The Royal Docks is the largest redevelopment site in the capital and we have exciting plans to deliver tens of thousands of new homes and jobs across this part of east London as we work to build a better London for everyone.”
Rokhsana Fiaz OBE, Mayor of Newham, said: “Building more new homes that people can afford in one of the highest national housing crisis is one of the key drivers of our important community wealth building agenda in Newham. The Royal Docks area is our designated bastion of community wealth building and I am delighted to welcome the new residents moving into Royal Albert Wharf to this thriving local community. I look forward to working further with the Mayor of London and partners to continue building on the significant improvements to the local economy we have developed in our first Enterprise Zone”.
John Hughes, Group Director of Development and Deputy Chief Executive of Notting Hill Genesis, said: “Reaching this landmark on the final phase of Royal Albert Wharf gives us the chance to look across at the incredible community we have created, with the complete backing of the GLA, and feel immense pride. This development has been a triumph of partnership working and we look forward to welcoming the next group of residents making the most of this stunning part of London.”
Anne Kavanagh, Chief Executive Officer of Telford Homes, said: “We are proud to be working in partnership with Notting Hill Genesis on the penultimate phase of the Royal Albert Wharf masterplan, delivering high-quality homes that focus on community and will be a place that residents can live, work and play for years to come.”
Stuart Churchward, Development Director on behalf of Simple Life London, added: “We’re really excited to take handover of our blocks at Anchor’s Point and look forward to offering local renters a high-quality home with a refreshing, professional approach to renting. We’ve experienced high levels of local interest so far, so we’re expecting the development to prove very popular. This is set to become a very vibrant and sought-after community to be a part of.”
Mick Laws, Regional Managing Director of Lovell, said: “We are delighted to be working with Notting Hill Genesis on the final phase at Gallions View and are really pleased to be progressing the internal fit out of the apartments in line with our programme. We will be topping out the last block in March and look forward to celebrating this achievement.”
