120 CPA and WPA members attended the launch event for London Property Alliance’s new report ‘Good Growth for Central London: analysis of the CAZ+ from 2020 to 2041.’
The research examines the key risks and opportunities facing London’s Central Activities Zone and Northern Isle of Dogs (CAZ+), and whether it can deliver on and help meet its wider good growth obligations. It provides a snapshot of the performance of the CAZ+, which currently supports 1.9mil jobs (31% of all jobs in London); £211bn in economic activity (10% of the UK’s output); and £4.6bn in business rates.
A key finding of the study is that if the public and private sectors work together to achieve a ‘good growth scenario’, Arup finds that it could deliver almost 400,000 new jobs and over 43,000 additional homes in Central London, whilst generating almost £100bn for the national economy by 2041.
Alexander Jan (author of the report and Chief Economist at Arup) delivered a presentation outlining the report’s key findings, prior to a panel discussion of industry and political leaders involving:
- Professor Tony Travers (Director at LSE London) – moderator
- Olivia Harris (WPA Chair / Chief Executive of Dolphin Living)
- Cllr Peter John OBE (Chair of London Councils / Leader of Southwark Council)
- Alastair Moss (Chair of the Planning & Transportation Committee at City of London Corporation)
- Dan Scanlon (CPA Vice President / Senior Vice President (Developments) at Brookfield Properties)
The research was produced by Arup, and supported by Almacantar, Derwent London, Great Portland Estates, Grosvenor, Landsec and New West End Company.
DOWNLOAD THE PRESENTATION SLIDES HERE
See a selection of social media posts below:
It’s a full house at @ArupGroup this morning for the launch of our ‘Good Growth in Central London’ research report. Our Executive Director @CharlesBegley01 welcomes members to the event and introduces the panel. pic.twitter.com/w4khwNk8Rt
— London Property Alliance (@LdnPropAlliance) March 11, 2020
Our expert panel, moderated by Professor Tony Travers (@LSE_London), includes Olivia Harris (@TheWPA Chair / @dolphinliving); Cllr Peter John OBE (@londoncouncils / @lb_southwark); Alastair Moss (@cityoflondon) & Dan Scanlon (@CPA_London Vice President / @Brkfldproprtl) pic.twitter.com/qXpSWaNl5E
— London Property Alliance (@LdnPropAlliance) March 11, 2020
Very interesting #LPA Good Growth seminar this morning looking at what the CAZ and CAZ+ can deliver for future growth to 2041 for housing and jobs #CPA #almacantar #landsec #derwent #greatportlandestates #nwec It’s certainly clear that we need the Elizabeth Line to open ASAP pic.twitter.com/0LTCGMB7SI
— Momentum Transport Consultancy (@Momentum_TC_Ltd) March 11, 2020
We've been at @TheWPA and @CPA_London launch of Central London Good Growth report this morning. The report notes that 2.2 million new jobs could be created in the Central London area by 2041 if a ‘Good Growth’ scenario is realised. pic.twitter.com/QNv9eIAnjd
— London Communications Agency (@LDNcomms) March 11, 2020
