Newham has bright future, says Stephen Timms
People occupying flats to rent in Newham are to see a positive transformation in the coming months and years as a result of local investments and improvement projects, according to MP Stephen Timms.
In an interview with Wharf, the Labour minister for East Ham has predicted that a number of positive changes are due to benefit the area as a result of the planned expansion of Tech City east of Shoreditch.
The district, which has been set up as the UK's answer to Silicon Valley, is expanding across Newham in a way that will help to create new jobs in cutting-edge industries, which Mr Timms believe will be ideally suited to the multicultural workforce in the area.
"I hope Tech City comes all the way through to the enterprise zone ... The fact that a lot of people like that feel very at home here means we are very well connected for the future and that will be a very significant asset," he said.
In the last three years, Tech City has grown from being home to around 15 companies to more than 300, from small start-up organisations to multinational powerhouses such as Cisco, Vodafone, Google, Facebook and Intel.
Mr Timms also highlighted the boost that the Olympics will give to the area, observing that transport links in Newham have already been dramatically improved in order to cope with the demands of the Games.
It is now one of the best connected areas in the capital in terms of public transport, which will help to support the growing workforce resulting from the Tech City expansion, while presenting the best possible impression to international visitors.
"It will be a fabulous time for Newham. We're all very excited. It's starting to change the way people think in the area," said the minister.
Posted by Martyn Glynn
Published 11th November, 2011
© 2011 Estates IT Limited
London Rental Property News By London Borough / Category
Latest London Property News Headlines
Streatham town centre to be improved by BID?
Major improvements could be made to Streatham town centre thanks to a new business partnership.
Read Article ... Published on 25th May, 2012
Olympic infrastructure 'to drive east London house market'
The infrastructure created by the Olympics will see the east London property market become more popular.
Read Article ... Published on 24th May, 2012
Olympic infrastructure 'to drive east London house market'
The infrastructure created by the Olympics will see the east London property market become more popular.
Read Article ... Published on 24th May, 2012
Barking Splash Park opens this weekend
Barking Splash Park will be free to use this weekend (May 25th-27th) to mark its opening.
Read Article ... Published on 24th May, 2012
Southwark estates to get cheaper energy bills
Residents in Southwark can look forward to cheaper energy bills thanks to the creation of a new underground green network.
Read Article ... Published on 23rd May, 2012
Enfield £1.3bn masterplan unveiled
A masterplan has been unveiled that will see a 200-acre site in Enfield regenerated as part of a £1.3 billion plan.
Read Article ... Published on 23rd May, 2012
Londoners encouraged to grow their own fruit and veg
People in London are being encouraged to grow their own fruit and vegetables.
Read Article ... Published on 22nd May, 2012
Merton 'embraces green improvements'
Merton is now a cleaner, greener location to live in thanks to the implementation of the Wandle Valley Low Carbon Zone (LCZ).
Read Article ... Published on 22nd May, 2012
London house prices rise by 1,782% in past 35 years
London house prices have increased by 1,782 per cent in the last 35 years.
Read Article ... Published on 21st May, 2012
Poplar's Chrisp Street to get £100m regeneration
Some £100 million is to be spent regenerating the Chrisp Street area of Poplar in Tower Hamlets.
Read Article ... Published on 21st May, 2012





Newham is set to see a wide variety of benefits thanks to the expansion of Tech City and the impact of the Olympics, according to MP Stephen Timms.