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20 March 2004
The London Borough of Newham's 'Arc of Opportunity' is a large-scale regeneration project to rejuvenate over 140 hectares of brownfield land within the Lower Lea Valley (Stratford to Canning Town). This is also the area selected as the centre for the UK's bid to host the Olympic Games in 2012.
There have been fears that if the Olympic Bid is not won by London, the regeneration of the Lea Valley will not go ahead. However, it has now been confirmed by the LDA (London Development Agency) that without the Olympic Games, the Master-planning team for the future regeneration of the Lower Lea Valley will still design a robust framework, with the vision to transform the social, physical and economical nature of the Lea Valley, therefore lessening any risk for investors in residential and commercial property.
By drawing investment eastwards, redevelopment such as this will address the present strategic imbalance between West and East London. Urban Island, a development by Copthorn Homes, part of Countryside Properties Plc, adjacent to Three Mills Island is contributing to the early stages of this regeneration project in East London.
The Arc of Opportunity also means investment in jobs and training, education and health, environment, leisure and tourism, retail and transport as well as new communities being created by the associated new residential developments. Copthorn Homes, already the recipient of the inaugural CABE Building for Life award for its development abode in Newhall, Harlow, is recognised as a key player in finding imaginative solutions to Deputy Prime Minister John Prescott's aim to create sustainable communities. Their development next to Three Mills Island, Bromley-by-Bow is contributing to the early regeneration of the Lea Valley, by providing 47 one and two bedroom, spacious and contemporary apartments with secure underground parking.
Urban Island Bridport is adjacent to the historic Three Mills Island, which is home to the renowned film studios, the only grade I listed cobbled street in the country and the oldest remaining tidal mill in Britain. The development has sharp, eye-catching exterior design arranged over seven floors with three internal lifts. The stepped and varying roof heights provide depth and proportion, and the galvanised steel balconies and cedar wood panelling add to the dramatic, sleek lines of the building. Internally the extensive, full height glazing is a particular feature, capturing and retaining all the natural light to enhance the feeling of internal space.
Urban Island is less than five minutes walk from a 24-hour Tesco and the Bromley-by-Bow underground station which connects with the Hammersmith and City and District Lines. Stratford BR Mainline and Bow Church and Devon's Road Light Docklands Railway stations are also within a 10 minute walk. Three Mills Island is serviced by a fully developed network of roads linking the development to the A13, the North Circular and the M11. City Airport is about four miles away and Heathrow Airport can be reached on the tube network.
For further information, please contact our sales and marketing suite on 0208 215 3377. Alternatively, take a virtual tour at www.urbanisland.gb.com
Just one mile away Copthorn Homes has another development; Eastpoint Apartments, set at the top of the landmark area known as the Chrisp Street Triangle in Poplar, where there will be 44, one and two bedroom apartments set around landscaped communal gardens.
For further information please contact the Urban Island sales and marketing suite or visit the website on www.urbanisland.gb.com.
For further media information:
Issy Lowndes/Marion Hardman
Gritti Partnership Plc
0870 444 4568
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Information correct as at 20/03/2004