As the world looks towards China, India and Russia for its economic growth, London is also shifting its focus to the east of the Capital. Canary Wharf arguably started this trend a couple of decades ago, and recently overtook the City in employing more people in the banking sector
. With the rise of 'tech city' and the huge potential of the Royal Docks, this shift to the east looks set to continue. In Tuesdays Red Book presentations
LRR revealed a planning pipeline of up to 50,000 residential units, just for north east sector, largely around Newham.
If you're still unconvinced then maybe this video (below) from the Manhattan Loft Corporation will persuade you. Stratford and the rest of the Olympic Park will make the biggest transformation of them all; it arguably already has and the Olympics haven't even happened yet. The Manhattan Loft Gardens is set to be a 42-storey iconic tower of high-end residential and hotel space.
Check out their website here
for many more excellent videos of the development...