Outer London Commission to Unveil Masterplan for Outer London Regeneration

LONDON, March 4 /PRNewswire/ — The Outer London Commission, chaired by Will McKee, will unveil its interim masterplan for the momentous regeneration of London’s outer boroughs at Property Week’s Outer London Summit on 11th June 2009 in Croydon. Senior representatives of the Commission will detail the blueprint for boosting the economic potential of the outer boroughs and identify key areas for immediate intervention and regeneration.

The regeneration of London’s 20 outer ‘forgotten’ boroughs is a vital priority of the current Mayor and the newly formed Outer London Commission will advise him on how to accelerate their redevelopment to bolster London’s economic strength for generations to come. The Outer London Summit will bring together the Mayor’s office, commission members and industry leaders to discuss how best the public and private sectors can work together to drive regeneration. It will also provide an encouraging boost to the property industry suffering in the current economic climate and provide opportunities for developers and investors.

Industry leaders speaking at the event include senior representatives of the Mayor’s office, Transport for London and the Homes and Communities Agency, as well as property industry figureheads, including architect Sir Terry Farrell and Liz Peace, Chief Executive of the British Property Federation. They will reveal preliminary findings from their consultations, as well as outline plans moving forward and indicate the opportunities available to the private sector.

The Outer London Summit will be an important step in regenerating London’s outer boroughs and steering the capital through the current economic turmoil.

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SOURCE Property Week