For the first time in almost a decade, a draft new London Plan has been published. We welcome the Plan’s vision and its aim to address inequality, making London a better city for all — economically, socially and culturally.
We have consulted with and collated input from over 300 within our membership, to prepare a comprehensive business response.
In short, we supported the principles of good growth including; making the best use of London’s land, delivering the homes that Londoners need and growing a good economy.
The Plan seeks to deliver a step change and sets very ambitious targets, in particular, for housing, transport and environment/sustainability. Whilst we agree with the principle of setting boroughs and developers ambitious targets, they must be deliverable and viable within the context of the whole plan and its policy requirements.
We have expressed our concerns that the Plan and its policies, as currently drafted, are unlikely to deliver the plan’s strategic objectives and the scale of growth it envisages; due to:
the cumulative impact of the policy requirements on development viability; and
the need for greater clarity and flexibility on planning policies that underpin the plan’s ability to deliver its strategic growth potential.
We will continue to work with the Mayor and his team to secure changes to the plan prior to the plan’s Examination in Public (EiP) which is due to take place in the winter. We will also engage in the examination process to give evidence and pursue further changes through the EiP process.