L&R chosen to develop £1bn London docklands scheme

摘要

Ian and Richard Livingstone's London & Regional Properties (L&R) has won the right to develop a £1bn project in London docklands. It has been selected as preferred developer for the 25-acre Albert Island site (pictured), owned by the Greater London Authority (GLA). An official GLA announcement is expected soon. L&R has won a two-year-long competition to rebuild the Island, which lies between the Royal Docks and the River Thames. The scheme is the first big docklands project to be let under the tenure of mayor Sadiq Khan. The original timetable to select a developer has slipped by 18 months.