The politicians, London mayor Boris Johnson and Newham mayor Sir Robin Wales (what an extraordinary pairing!) today formally announced the thing that Clive Dutton has been trailing for weeks: the plans for the regeneration of the Royal Docks in east London, setting out a strategy to secure up to £22bn (yes, £22bn!) of investment.
They will naturally seek to take advantage of the 2012 London Olympics to attract investors.
Apparently the London Development Agency and the London Borough of Newham "have announced they will work together to identify large sites to be sold for development" which seems strangely worded (as if they had been working in opposition to one another hitherto; is there a dark sub text?).
I love the Royal Docks, as regular readers will know (see my blog entry on 19th July). Although, if you put Building 1000 and a few roads aside, it still doesn't look too different from when I was at the LDDC in 1988.
And I will assist Clive to do everything he can in the new arenas created, by the Coalition Government and others, to bring forward this huge tract of London.
With the exception of Nine Elms, the Royals is arguably the last really large-scale strategic site left in the conurbation. Robin Wales said (and it did make me smile): "The size of the opportunity is vast. It is a development area the size of Venice with 12 miles of dock and river edge".