Greenwich Peninsula

This developer is planning to build a $9.5B city in London And they’re going ahead come what may with Brexit

(Mai-Linh Doan, back; Pixabay, front)

Knight Dragon Developments plan for its 150-acre property in East London is to spend the next 25 years building a $9.5 billion new city across f新上海贵族宝贝论坛

rom the UK capital s Can上海同城对对碰交友社区

ary Wharf.

Knight Dragon bought the large property, now known as Greenwich Peninsula, in 2013 and, four years later, the project has some condos designed by SOM near completion while work on a park and subway is underway, according to Bloomberg. The project, which is about 10 percent complete, will be built in stages with different architects commissioned to design each phase 阿拉爱上海同城

of about 1,000 housing units and public amenities, like a movie theater.

Greenwich Peninsula is being considered a development that could drastically change London regardless of whether the city contracts or expands following Brexit at a scale of inf爱上海龙凤419桑拿

luence no development has enjoyed since the post-World War Two era. The master planning for the site is being led by Allies Morrison.

Though the plan and land purchase were both put into motion before Brexit, Knight Dragon is no新上海贵族宝贝论坛

t changing their plans.

“Things like Brexit are unwelcome,” Knight Dragon CEO Richard Margree told Bloomberg. “But saying, ‘let s sit back and let the momentum leak out of our boots?’ That would be a tragic mistake.”

[Bloomberg] E.K. Hudson

Tags: brexit, London
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