Policy GG4 — Delivering the homes Londoners need

GG4 Delivering the homes Londoners need To create a housing market that works better for all Londoners, those involved in planning and development must: A ensure that more homes are delivered B support the delivery of the strategic target of 50 per cent of all new homes being genuinely affordable C create mixed and inclusive communities, with good quality homes that meet high standards of design and provide for identified needs, including for specialist housing D identify and allocate a range of sites to deliver housing locally, supporting skilled precision-manufacturing that can increase the rate of building, and planning for all necessary supporting infrastructure from the outset E establish ambitious and achievable build-out rates at the planning stage, incentivising build-out milestones to help ensure that homes are built quickly and to reduce the likelihood of permissions being sought to sell land on at a higher value. Growing a good economy Growing a good economy 1.5.1 London is the engine of the UK economy, accounting for more than a fifth of the country’s economic output. Its labour market, housing market and transport links are interconnected with the Wider South East city region, which shapes the development of the whole of the UK. Together, London and the Wider South East contribute a full half of the country’s output. London has unique strengths in specialist fields like finance, business services, technology, creative industries and law, as well as attracting tourists from around the world, providing a gateway to the rest of the UK. The wealth this generates is essential to keeping the whole country functioning, but the benefits of economic success are not shared evenly within London itself. 1.5.2 The things that make London’s economy so strong are the same things that make London an attractive and exciting place to live, work and visit. London’s ethos of tolerance and respect, its rich cultural and historic assets, the quality of its streets and public places, its spirit of creativity and entrepreneurialism – these things attract businesses of all sizes and allow them to develop and thrive. The people who these businesses employ need strong communities, good public transport connections, pleasant environments that promote good health, access to shops and local services, and good quality, affordable homes in places they want to live. The continuing success of London’s economy is reliant upon making the city work better for everyone. 1.5.3 Projected growth towards 6.9 million jobs by 2041 provides an opportunity to strengthen London’s economy for the future, and doing so will depend on increasing diversification. The Central Activities Zone and Northern Isle of Dogs will remain vital to London’s economic success, but growth in town centres across London will be equally important, alongside supporting local regeneration, investment in Opportunity Areas and enabling access to a wide range of jobs. Reasonably-priced, good quality employment space will be needed across London to make this happen. 1.5.4 The right infrastructure is also required to help businesses succeed across London. The digital economy, underpinned by world-class digital connectivity, data and digital services is of ever-increasing importance, improving processes, opening up new markets and allowing more flexible working. Convenient transport connections and street, rail and waterway networks that allow the efficient movement of goods and people are also vital, alongside the schools, healthcare facilities and other amenities that employees need to be healthy and productive. 1.5.5 Developing Londoners’ skills will help people into work and enable businesses to thrive. By working closely with communities and businesses, London’s world-class higher education institutions can support growth and regeneration while addressing skills shortages. 1.5.6 Britain’s exit from the European Union will put new pressures on London’s economy, and the need to strengthen and diversify London’s business base will become ever-more important. Doing so in a way that spreads London’s success more equitably will be an important part of delivering Good Growth.London Plan Policy GG4 · official source →