AHMM and Arup land £1.2 billion Silvertown Quays jackpot
AHMM and Arup have been named as part of the victorious Chelsfield and First Base bid to redevelop the 20ha Silvertown Quays site in east London
The team beat consortia headed by St George and DV4 to land the £1.2 billion project on the site of Terry Farrell + Partners’ doomed aquarium-led scheme in the Royal Docks which was scrapped in early 2010.
Described as a ‘pavilion’ plan, the Chelsfield proposals will see the waterside plot turned into a ‘cluster for technology, medical and brand companies’ and feature a mix of education facilities, offices, shops and homes.
Arup and Imagination Europe are acting as masterplanners on the huge scheme. Arup has also drawn up plans for most of the proposed ‘pavilions’ with the exception of the existing, waterfront Millennium Mills building which is being converted into a mixed-use scheme by AHMM.
The AJ understands more practices will be brought in as the scheme progresses.
A spokesman for Chelsfield said: ‘A new destination for London will be created with the public able to understand science, technology and brand in each pavilion, which will contain a mixture of sales, education, research and innovation centres. Surrounding the cluster will be a variety of housing areas to make this site truly mixed use.’
The scheme will be flagship proejct within London’s new Enterprise Zone and could create up to 9,500 permanent jobs.
Mayor of London, Boris Johnson, said:’Despite one of the harshest economic climates in decades an urban renaissance is underway in east London and I have no doubt that Silvertown Quays will become a business destination of worldwide appeal.
He added: ‘The Royal Docks has played a crucial part in the story of London’s success and we are delighted to have a unique idea that will help return it to its former glory. The ambitious vision set out in the plans we have selected perfectly complements a wider regeneration effort that is transforming east London, creating jobs and attracting investment from the Olympic Park right down to the Thames waterfront.’
The selection of Chelfield as preferred bidder follows a selection process run by the London Development Agency (LDA) that started in July 2011 (see below).
According to the LDA the bids were ‘judged against criteria that included the scheme’s vision and content and their ability to deliver the project at pace’.
Previous story (AJ 26.10.11)
Chelsfield and St George on Silvertown Quays developer shortlist
St George, Chelsfield and DV4 have been shortlisted to redevelop the 20 hectare Silvertown Quays site in east London
The announcement comes more than a year and half after a £1.5 billion scheme for the site featuring a Terry Farrell + Partners-designed aquarium was officially scrapped.
The shortlisted bidders will now work with the London Development Agency to produce detailed more plans.
They were picked from a 10-strong longlist which included Development Securities, Hutchinson Whampoa, Stanhope, British Land Company with Barratt.
London mayor Boris Johnson announced the shortlist during a topping out ceremony for the Wilkinson Eyre and Pringle Brandon Drew-designed Siemens HQ building nearby.
Johnson said: ‘Located in the heart of the new Royal Docks Enterprise Zone, Silvertown Quays has a very bright future that will help drive the regeneration of east London. I look forward to seeing inspiring ideas that rise to the challenge we have set.
‘I want to see lasting jobs created and new sustainable communities emerge from this prime development opportunity which also acts as a catalyst for change across the wider area that has been neglected for so long.’
London Development Agency chief executive Lurene Joseph added: ‘I am delighted that Silvertown Quays has attracted the interest from the top tier of British developers.
‘This confirms the scale of the opportunity on the future of this landmark site. We are now looking to the shortlisted developers to come up with detailed proposals that match our ambition to transform Silvertown Quays into a thriving world class urban centre.’
Newham mayor Robin Wales said: ‘I’m delighted these companies recognise the development potential in Newham and are keen to take advantage of the borough’s fantastic transport links.
‘Interest from businesses wanting to invest in the borough will increase as we head toward the Olympics, helping us to create a lasting legacy of sustainable employment for our residents. The Royal Docks is ripe for investment and today’s announcement shows that we’re serious about making the area a business powerhouse.’
A preferred bidder will be announced in March 2012. Stephen Kennard and Clive Dutton led the respective LDA and Newham Council teams behind the project.
As part of the LDA and Newham’s Meanwhile London project, the Silvertown Quays site will be transformed into a pleasure gardens during the Olympic Games.
· Chelsfield Consortium (Chelsfield Partners LLP, First Base Limited and Imagination Europe Limited)
· DV4 Limited (advised by Delancey Real Estate Asset Management Limited) (Delancey)
· St George Central London Limited