The partners that English Partnerships have selected have sound commercial records
3.36 Anschutz's need for a larger Arena in London coincided with the availability of the Dome. Lend Lease is a large development and construction company backed by a substantial balance sheet. Both it and Quintain are experienced property developers with track records of realising successful schemes, such as the Bluewater shopping centre in Kent, developed and managed by Lend Lease. The Anschutz Entertainment Group brings resources and relevant experience as a developer and operator to the Dome. It now remains for the parties to finalise key details arising from the Agreement and to convert their assessment of the scheme's potential into a reality.
19 | Phasing of development on the Peninsula |
Completion of the project is scheduled to take at least 18 years with the last phase of residential development on the central part of the Peninsula not starting until 2018.
Source: Meridian Delta Ltd Environmental Impact Statement accompanying the Greenwich Peninsula Planning Application December 2002 | |
NOTE The timing of each development phase will depend on satisfactory completion of previous phases. | |
