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The rise of the Royal Docks
Once at the forefront of global trade, the Royal Docks suffered from the introduction of containerised cargo and technological advances from the 1960s, ultimately leading to its decline and closure in 1981.
The London Docklands Development Corporation was established to revive and regenerate the area, with new transport links introduced – including London City Airport and the DLR – and the opening of ExCeL International Exhibition Centre and the University of East London.
Now tipped as London’s next business district, the docks are undergoing significant regeneration with a £1.7 billion, 4.7 million sq ft scheme comprising office, residential, retail and leisure space in Royal Alert Dock; a new waterside community by Notting Hill Housing Group at Royal Albert Wharf, and a 62-acre site that will bring forward a mixed-use scheme in Silvertown Quays.
Patrick Hurley, Senior Sales and Leasing Manager at RAD, comments: “Occupiers are increasingly looking for flexibility – where they work, how they work, what they pay, and their future. At RAD, we don’t want to create the community for these businesses but rather allow them to create their own.”
“Rising commercial costs have led to businesses eschewing traditional office space in favour of smarter ways of working. Our commercial offer is a unique one, in that we provide flexible lease terms, space and an opportunity to put your own stamp on that space. Businesses can grow with us.”
“We care about London’s reputation as a centre for business, but we need to continually invest in its future if we want it to thrive in the long-term, which means abiding by our own ethos of being flexible in the face of change.”
Royal Albert Dock is a new international district designed to accelerate the journey of your business. This once thriving hub for trade may have suffered from new innovation but is now making its comeback as a centre for the next generation of talent.
Phase 1 of RAD includes workspaces ranging from 1,300 – 120,000 sq ft on highly flexible terms and competitive pricing to accommodate a mix of businesses at different stages of growth. Contact our agents to discuss how we can help your business.
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