The London Thames Gateway Development Corporation has appointed law firm Eversheds to advise on all property matters within the Lower Lea Valley and London Riverside Regeneration area.
The law firm was appointed after winning a competitive tender. It will provide strategic and transactional regeneration advice to help the corporation implement its programme for the delivery of homes, employment, transport, social infrastructure and environmental enhancements in the Lower Lea Valley and London Riverside areas.
Eversheds team will be led by the firm’s real estate development group head Stephen Sorrell
Sorrell said: ‘It is an exciting and challenging time for LTGDC as it implements the next stage of its regeneration programme in accordance with its Corporate Plan for 2008-2011 and we look forward to helping it achieve this.’
The corporation is set to invest a gross total of £237m in eight key locations over the next three years and aims to attract £1.8bn of private sector investment into the region.
Peter Andrews, chief executive of London Thames Gateway Development Corporation, said: ‘We’ve made significant progress and look forward to working with Eversheds to build on this success to deliver new homes, employment, transport, and social infrastructure that will transform east London.’
The Lower Lea Valley incorporates parts of the London Boroughs of Tower Hamlets, Newham, Hackney and Waltham Forest. London Riverside incorporates parts of the London Boroughs of Barking and Dagenham, Havering and Newham.