Key Points

• Greenwich Council, the Greater London Authority (GLA) and Transport for London (TfL) have announced a formal regeneration partnership for Charlton Riverside.
• The long-term ambition is to deliver around 8,000 new homes and 1,000 new jobs over the next 20 years.
• The organisations want the regeneration to be led by the public sector through a proposed public sector-led landowners’ partnership.
• Greenwich Council leader Anthony Okereke described the agreement as a “significant milestone” following years of planning.
• Deputy Mayor for Housing Tom Copley and TfL said improved transport and coordinated planning will be key to unlocking development.
• Funding arrangements for the large-scale regeneration programme have not yet been announced.

Greenwich (South London News) August 3, 2026 – Greenwich Council, the Greater London Authority (GLA) and Transport for London (TfL) have formed a formal partnership to guide the long-term regeneration of Charlton Riverside.

The agreement is intended to coordinate planning, transport improvements and investment across one of London’s largest industrial riverside sites, creating a new mixed-use neighbourhood over the next two decades.

The partnership aims to unlock development while ensuring public bodies play a leading role in shaping the area’s future.

What will the regeneration deliver?

The long-term vision for Charlton Riverside includes:

• Around 8,000 new homes.
• Approximately 1,000 new jobs.
• Improved transport connections.
• New public spaces and community infrastructure.
• A transformed riverside neighbourhood.

The regeneration is expected to take place gradually over approximately 20 years.

Why is the public sector leading the project?

Greenwich Council believes public sector leadership is essential because of the scale and complexity of the regeneration.

Plans are being developed for a public sector-led landowners’ partnership that would coordinate development across multiple sites.

Council leaders say this approach will help bring together landowners, infrastructure providers and public agencies to deliver a consistent long-term vision.

What have council and City Hall leaders said?

Greenwich Council leader Anthony Okereke described the agreement as a significant milestone after years of planning.

He said the partnership would help unlock one of London’s largest regeneration opportunities while delivering homes, jobs and improved transport for future residents.

Deputy Mayor for Housing Tom Copley said the collaboration represents an important step towards creating a new riverside community that helps meet London’s growing housing needs.

TfL also highlighted the importance of transport infrastructure in supporting future development and creating a well-connected neighbourhood.

What is already happening at Charlton Riverside?

Although the new partnership establishes the overall regeneration strategy, development has already begun on parts of the site.

Major residential projects have received planning permission in recent years, including large mixed-use housing schemes delivering both market and affordable homes.

These developments represent the first stages of the wider regeneration planned for Charlton Riverside.

How will transport support the regeneration?

Transport improvements are expected to play a central role in unlocking development across the area.

The partnership brings together planning and transport expertise to help ensure new housing is supported by appropriate infrastructure and better connections between Charlton, Greenwich Peninsula and Woolwich.

Future transport upgrades are expected to be developed alongside housing and employment projects.

How will the project be funded?

No detailed funding package has yet been announced.

Given the scale of the regeneration, significant investment will be required for infrastructure, transport improvements, flood protection and site preparation before large-scale housing development can progress.

Further information on funding is expected as the programme develops.

Background: How did Charlton Riverside reach this stage?

Charlton Riverside has long been identified as one of London’s major regeneration opportunities.

Successive planning strategies have proposed transforming the largely industrial riverside area into a mixed-use neighbourhood featuring thousands of homes, employment space and improved public facilities.

Over recent years, individual developments have progressed while broader masterplanning work continued. The new agreement between Greenwich Council, the GLA and TfL formalises long-standing ambitions by creating a coordinated public sector partnership to oversee future regeneration.

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Prediction: How could the regeneration affect South London?

If delivered as planned, Charlton Riverside could become one of South London’s largest new residential communities, significantly increasing housing supply while creating new employment opportunities and improving transport links.

The project could bring substantial investment into the area, support local businesses and improve access to public spaces along the Thames. However, the scale of development is also likely to place additional demand on schools, healthcare services and transport infrastructure, making phased delivery and continued investment essential.

Much will depend on securing funding, coordinating infrastructure improvements and maintaining community engagement throughout what is expected to be a multi-decade regeneration programme.