British Land publishes report ‘Meeting London’s Future Needs’ has been saved
British Land publishes report ‘Meeting London’s Future Needs’
15 March 2016
British Land today publishes a report, ‘Meeting London’s Future Needs’, setting out a framework of potential interventions to better plan the future of the capital.
The report, produced by Deloitte Real Estate, follows a series of debates with leading practitioners and thinkers in the London planning and development industries. The independent report, commissioned by British Land, sets out a number of potential ideas to be implemented by the new Mayor of London.
The potential interventions range from the moderate to the radical and immediate to long-term, identifying timescales for delivery, organisations that can lead implementation and where statutory change is required.
Based on the research findings, some of the key ideas set out in ‘Meeting London’s Future Needs’ are:
- Integration of the London Infrastructure Plan and London Plan
Investment in transport infrastructure should be more closely aligned with investment into other services in prioritisation and in statutory policy. Taking this approach, Crossrail 2 becomes the basis for a housing investment programme.
- Extension of the Central Activities Zone
Re-defining the Central Activities Zone would ensure that wider areas of Central London would rethink their potential, helping to increase productivity by expanding job and housing opportunities to reflect improving public transport.
- A genuine public debate about the future shape of London
It is suggested that The Mayor could co-ordinate a public discussion on the future development of London, with particular focus on the Opportunity Areas. This could be aided by the creation of Digital Spatial Plan for London which would harness data to accurately model baseline and future scenarios for densities, heights, massing and land use composition.
- Planning at ‘Super City Region’ scale
Given that London’s economic performance spreads well beyond its boundaries, the Greater London Authority and Mayor could be afforded greater influence on strategic planning across London’s employment footprint in the wider South East and East of England. This could sit alongside a National Spatial Strategy, which identifies how London is planned as a Super City.
- Introducing Land Use Zoning to achieve balanced housing delivery
The introduction of a zoning model could provide greater certainty about land values and investment expectations, thereby enable a balanced response to meeting housing needs, including affordable housing and private rented stock. Coupled with improved placemaking skills, this would help London provide long term sustainable communities.
The full report is available here: www.britishland.com/futurelondon
Chris Grigg, Chief Executive, British Land, said: “London is changing more rapidly than at any time in its history.
“A rebalancing of the economy and unprecedented population growth pose a number of challenges, and we must be bold in addressing these if London is to retain its position as the world’s pre-eminent capital city.
“A universal theme of these independent discussions has been the need for collaboration; not just across the public and private sectors, but between business and the people that live and work here. We hope this report proves to be a catalyst for further discussion across all of these groups.”
John Adams, Head of Planning at Deloitte Real Estate, commented: “Through analysing the findings of a series of highly informed debates, we identified a remarkable consensus that London has reached a critical tipping point where bold decisions and interventions are required to create the capital’s future homes and workplaces.
“The participants advocated strong and visionary spatial planning, alongside coordinated public and private investment in infrastructure. A comprehensive vision is needed to take London to its next level.”
Notes to editors
In this press release references to Deloitte are references to Deloitte LLP, which is among the country's leading professional services firms.
Deloitte LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu Limited (“DTTL”), a UK private company limited by guarantee, whose member firms are legally separate and independent entities. Please see www.deloitte.co.uk/about for a detailed description of the legal structure of DTTL and its member firms.
The information contained in this press release is correct at the time of going to press.
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