Forsters advises Knight Dragon on Peninsula Place, a high profile new landmark for London
Forsters LLP, one of London’s leading real estate and private client firms, is advising longstanding client Knight Dragon on a new £1 billion development on Greenwich Peninsula which will sit alongside the O2 arena.
The ambitious project – which was unveiled today at a launch event attended by London Mayor Sadiq Khan – is set to transform Greenwich Peninsula and will include a new state of the art tube and bus station, retail and leisure spaces (including a theatre and cinema), as well as offices, apartments and hotels. A land bridge will link the development to the Thames.
Knight Dragon is partnering with the Greater London Authority and Transport for London to deliver Peninsula Place and renowned architect and engineer Santiago Calatrava was responsible for its design, which is his first major project in the UK.
Forsters is the sole provider of legal services to the project and partners Helen Streeton (Commercial Real Estate), Sarah Cook (Construction), Oliver Wright (Planning) and Helen Marsh (Residential Property) are leading the Forsters team which advises Knight Dragon.
Penny Elliott, Client Partner for Knight Dragon said: "We are thrilled to be part of the team which is working with Knight Dragon on this groundbreaking development and look forward to seeing the positive impact it will have for this area of London, as well as communities further afield".
Sammy Lee, Vice Chairman of Knight Dragon commented: "My ambition is for Greenwich Peninsula to be a unique cultural destination for Londoners and visitors to this global city. Calatrava's contribution will help ensure that the UK's biggest regeneration project fulfils its potential to become just that."
The Mayor of London, Sadiq Khan said: "I am pleased to welcome Knight Dragon's continued investment in Greenwich Peninsula, providing much-needed infrastructure, shops, offices and genuinely affordable homes for Londoners".