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London could host UK’s largest ‘floating village’ | 13 March 2013

London’s Royal Docks could play host to the UK’s largest ‘floating village’.

Mayor Boris Johnson has announced plans to build a 15 acre village, which would include homes, hotels, restaurants and bars, at the Royal Victoria Docks site.

According to bbc.co.uk, the developments would have some of the UK’s best transport links including a new Crossrail station, DLR and a cable car linking it to central London.

Floating villages haven’t really taken off in the UK, when you compare to other major cities like Amsterdam and Hamburg, but Johnson believes that the area could become one of London’s most coveted addresses.

In an interview with freshbusinessthinking.com, he stated he was keen to ensure London remained one of the biggest hotspots for property investment.

He said: “This site is unique. It has the potential to become one of the most sought-after addresses in the capital while breathing new life back into London’s waterways.

“But it’s not alone. Right across London there are incredible investment opportunities that I’m determined to bring to market creating more homes and jobs for Londoners.”

The Mayor was speaking at the MIPIM property conference in southern France. He is now on the hunt for developers willing to take on the project.

The views expressed in this post are those of the author and are not necessarily those of Qube Global Software. All facts are verified where possible directly by the author.

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