Charlton Riverside regeneration to deliver 8,000 homes and 1,000 jobs
Greenwich Council, the GLA and TfL announce a 20-year plan to transform the industrial area near the Thames
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Charlton Riverside, an industrial area between Greenwich Peninsula and Woolwich, will be transformed under plans announced by Greenwich Council, the Greater London Authority and Transport for London. The regeneration aims to deliver 8,000 new homes and 1,000 jobs over the next 20 years, though no funding details have been disclosed.
The announcement, made on 3 August 2024, marks the formal start of a long-term vision for the area. Greenwich Council leader Anthony Okereke said the project would require public sector leadership to ensure "good growth, good jobs and better transport". The council, which owns significant land in Charlton Riverside, will work with the GLA and TfL to create a public sector-led landowners’ partnership.
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What the regeneration means for residents
The project is part of Greenwich Council’s Draft Local Plan, a document that sets out the borough’s development priorities. The council is currently consulting on the plan, though it has not specified when the consultation period will close or how residents can submit feedback. The plan includes proposals for improved transport links, new housing and job creation in Charlton Riverside.
Deputy Mayor of London for Housing and Residential Development Tom Copley said the project would help create a "vibrant new neighbourhood" for London. TfL’s Director of Spatial Planning Lucinda Turner added that the regeneration would integrate transport, infrastructure and planning to create a "better connected" area.
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Charlton Riverside deserves good growth, good jobs and better transport. That won’t happen by accident, it requires leadership.
Anthony Okereke, Leader of Greenwich Council
What happens next
Greenwich Council has not released details on how the regeneration will be funded or when construction will begin. The Draft Local Plan consultation remains open, but the council has not provided a deadline for responses. Residents can check the council’s website for updates on how to participate in the consultation process.
Questions this report answers
+How many new homes will be built in Charlton Riverside?
The regeneration project aims to deliver 8,000 new homes over the next 20 years. This target was announced by Greenwich Council, the GLA and TfL on 3 August 2024 as part of their long-term vision for the area.
+When will the Charlton Riverside regeneration start?
No start date for construction has been announced. The project was formally launched on 3 August 2024, but funding details and timelines remain unclear. The council is consulting on its Draft Local Plan, which includes the regeneration proposals.
+How can residents have their say on the Charlton Riverside plans?
Greenwich Council is consulting on its Draft Local Plan, which includes the regeneration proposals. Residents can submit feedback, though the council has not specified a deadline or how responses will be used. Updates should be available on the council’s website.
+Who is funding the Charlton Riverside regeneration?
No funding details have been released. Greenwich Council, the GLA and TfL announced the project on 3 August 2024 but did not disclose the total cost or sources of investment. The council has said it will lead a public sector partnership to drive the project.
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