Bexley named as one of Mayor's first housing zones
PUBLISHED: 11:34 20 February 2015 | UPDATED: 12:03 20 February 2015
It is one of nine across the capital.
The Mayor of London, Boris Johnson, has today named Bexley as one of London’s first nine housing zones.
The new zones are aiming to bring forward regeneration, delivering 28,000 new homes across the capital.
In Abbey Wood and south Thamesmead it is expected that a new urban boulevard and town centre will be created in the heart of Thamesmead.
It is aiming to produce more than 1,300 new homes as well as creating jobs.
Bexley Council Leader, Cllr Teresa O’Neill, said: “With housing zone status and the GLA’s funding support we are looking forward to working to increase investment and unlock the delivery of new housing.
“We can support positive physical, social and economic change in the neighbourhood and help Thamesmead to really come of age.”
The Mayor’s announcement comes on the day he and the Chancellor of the Exchequer, George Osborne, outlined a package of measures to boost the city’s economy and support infrastructure including housing.
Mr Johnson, said: “As London’s population continues to boom, already at its highest since records began and with more growth predicted, housing is a huge challenge.
“We need to double housebuilding and provide a million more homes by 2025.
“These innovative new housing zones, the first of their kind in the UK, will trigger regeneration and turbo boost the transformation of the capital’s brownfield sites, creating tens of thousands of new homes for hard working Londoner in first class new neighbourhoods.”