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City of London

Redevelopment of Custom House Area - Will The City Provide Housing?

Custom House area is being redeveloped by the City of London Corporation, question is will the new Common Council ensure that much needed new housing is provided for within the new schemes?

"Custom House was formerly used for the collection of tariffs on goods, and was rebuilt after the Great Fire of 1666 based on designs drawn up by Christopher Wren.

The redevelopment of the area is expected to involve the creation of new public spaces at the City’s boundary, close to the Tower of London.

The master plan will be building on an ambitious pipeline of cultural and development works that the City of London is embarking upon over the next five years.

There will be building works around the current Museum of London, which is being replaced by a £278m concert hall for the London Symphony Orchestra.

The City of London Corporation is providing £2.5m in funding to study the business case for the project, but currently hopes to build new offices and hotels in the vicinity of the new classical music venue.

Meanwhile, the Museum of London will be moving from the Barbican complex into the disused buildings of Smithfield Market, a redevelopment which is costing £250m.

Source: CityA.M. London 16.3.2017

What about much needed new homes within the City boundary for social rent, key workers????

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"In 2009, the Mayor agreed a three year target for the provision of affordable housing, which requires the delivery of 20 affordable homes within the City and 30 on sites outside of the City."

Source: City of London Local Development Framework

             Affordable Housing Viability Study 2010 (has not been updated)

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