More than 6,000 homes are expected to be completed in the next decade.
The Millennium Mills in the Royal Docks has lain derelict for yearsBuilding work has started at the Millennium Mills project in Silvertown as part of a £3.5bn schemeMore than 6,000 homes are expected to be completed in the next decadePublishedBuilders have moved in for the first phase of the £3.5bn Silvertown regeneration scheme in east London.Thousands of new homes and jobs will be created in Newham, which is one of London's poorest boroughs.
Residents welcomed the new development, especially the housing, which has come after years of neglect. Instead it’s been a pretty decent cinematic backdrop - appearing in films like Spiderman and Paddington 2 - and the hit tv series Ashes to Ashes. Optimists suggest it could eventually be the centrepiece of a Royal Docks redevelopment to rival Canary Wharf upstream.
What’s made this more palatable for the developers Lendlease is that the mayor uses the housing money provided by government to subsidise affordability. The Millennium Mills building will also be restored to create new business workspace, as well as an area for cultural and community events.
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