Greenwich development work will restart, according to Mayor and Government

Johnson said that his office, Secretary of State Eric Pickles, the Homes and Communities Agency (HCA) and Greenwich Peninsula Regeneration Ltd have worked together to allow for development of a 190 acre former gas works plot on the Greenwich peninsula. This development phase will involve the construction of 1,350 new homes by the end of 2015. Ultimately, the site will house around 10,000 new homes, 600 student beds and 3.5 million sq ft of commercial floorspace, the Mayor's office said.

 “Ambitious schemes like this will not only create the thousands of jobs that are vital to grow our economy, but will ensure London cements its position as one of the world’s best cities to live, work and invest in," said Johnson.

“The transformation of Greenwich Peninsula is undoubtedly one of the most exciting development opportunities in London. This latest phase of regeneration will seal its future as a thriving, well-connected new district, combining vibrant new residential areas and fantastic leisure facilities," he said.

 "Today the Mayor and I can announce we've unlocked this once stalled site in Greenwich that will now get workers back on site, construction back on track and help get our Capital City building in 2012 the new homes Londoners needs," said Secretary of State for Communities and Local Government, Eric Pickles. "London and the taxpayer are getting real value for money and a return on their land and investment."