GLAP Seeks Partner for Albert Island Redevelopment to Accommodate WFSVs

Business & Finance

GLAP Seeks Partner for Albert Island Redevelopment to Accommodate WFSVs

GLA Land and Property Limited (GLAP), with the support of the Royal Docks Management Authority (RoDMA), is seeking a development partner to bring forward the comprehensive re-development of Albert Island, a 10ha site in the Royal Docks, London Borough of Newham.

Significant parts of the Albert Island site are located within the Royal Docks Enterprise Zone. The freehold of the site is held by GLAP with RoDMA holding the leasehold to the area to the south of the island and water within the docks. RoDMA also controls the King George V Lock.

The majority of the island in GLAP’s ownership is cleared and currently divided into 7 individual plots which are let on short term leases with rolling break clauses. The existing road network accessed from the adopted Woolwich Manor Road (A117) to the site is included in GLAPs ownership providing the opportunity for a complete reconfiguration of the site.

 

The GLA are considering undertaking an Official Journal of the European Union (OJEU) procurement process to appoint a development partner or consortium who can deliver a mix of uses which will meet the development objectives, and deliver a mix of the following uses:

  • Good quality, well designed, commercial/light industrial development to create quality jobs to support local economic development;
  • Ideally a commercial boatyard and ancillary marine related services to support the achievement of the Mayor’s strategic objective to increase river transport on the Thames through increasing the availability and suitability of boat maintenance and repair facilities in London.
  • In particular to provide boatyard facilities and support services designed to accommodate and service the growing fleet of passenger boats and other commercial vessels (tugs, pilot boats, barges, wind farm support vessels etc) on the Thames;
  • The potential for redevelopment of the existing marina at the north of the island to provide a facility which supports the transformation of the area through increased leisure traffic, opens up dockside access, provides storage facilities and integrates the marina with other complementary surrounding development uses permissible under the PSZ.

Organisations may register their interest at Albert Island’s website, as well as attend a launch event on the 21 May 2015, 8:30-10:30 at London’s Living Room, City Hall, The Queen’s Walk, London SE1 2AA.

Requests should be made by June 15 at the latest.

Image: Albert Island