{"id":59369,"date":"2019-07-03T08:31:24","date_gmt":"2019-07-03T07:31:24","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=59369"},"modified":"2019-07-03T08:31:24","modified_gmt":"2019-07-03T07:31:24","slug":"east-bank-powerhouse","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/east-bank-powerhouse\/59369\/","title":{"rendered":"Construction begins on \u00a31.1bn East Bank culture powerhouse"},"content":{"rendered":"<h2>The Mayor of London, Sadiq Khan, broke ground to mark the start of construction on East Bank \u2013 the country\u2019s new powerhouse of culture, education, innovation and growth<\/h2>\n<p>East Bank will help to cement London\u2019s reputation as a world leader in culture, education, innovation and growth, with a new purpose-built east London hub.<\/p>\n<p>Work began at the new UCL East and Stratford Waterfront sites at Queen Elizabeth Olympic Park, which will become the largest culture and education project for a generation.<\/p>\n<p>It brings together a new campus for UCL (<a href=\"https:\/\/www.ucl.ac.uk\/\" target=\"_blank\" rel=\"noopener\">University College London<\/a>), BBC recording studios, campus for UAL\u2019s London College of Fashion, a mid-scale dance theatre for Sadler\u2019s Wells, and two new V&amp;A sites \u2013 a museum at Stratford Waterfront including a partnership with the Smithsonian Institution, and a collection and research centre at Here East. The project will be the most significant single investment in London\u2019s culture since the legacy of the 1851 Great Exhibition.<\/p>\n<p>The transformative East Bank scheme \u2013 spread across three sites \u2013 will be at the heart of a growing east London cluster of commerce, technology, manufacture, retail, education, culture and the creative industries. It will provide skills and jobs for local people, attracting visitors from around the world, bringing more than 10,000 students to the site, delivering 2,500 jobs and a \u00a31.5bn boost to the economy.<\/p>\n<p>Sadiq was joined at the UCL East campus site by local schoolchildren as they buried a time capsule symbolising the impact the project will have on the capital\u2019s future generations.<\/p>\n<p>Sadiq also announced a \u00a310m funding package from Westfield Stratford City. This new funding will help to deliver careers coaching, mentoring, learning opportunities, internships and apprenticeships as well as support for entrepreneurs and new business start-ups in the arts, <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/future-places-placemaking\/56926\/\" target=\"_blank\" rel=\"noopener\">culture and placemaking<\/a> industries.<\/p>\n<p>Westfield Stratford City will become Founding Partner and Official Sponsor of East Bank\u2019s new project.<\/p>\n<p>In addition, the City of London Corporation pledged \u00a31m that will enable the Foundation for Future London to deliver even more arts and education programmes in east London with the East Bank partners.<\/p>\n<p>The construction programme will see more than 1,500 people working on site,\u00a0 at least 30% of whom will be local residents, and more than 125 apprentices will be working on the site every year.<\/p>\n<p>The \u00a31.1bn scheme is receiving \u00a3385m funding from the Mayor of London and \u00a3151m funding from the government. Work will be completed in phases with Sadler\u2019s Wells, UCL and UAL\u2019s London College of Fashion opening their buildings first in 2022, and the BBC and the V&amp;A (including its partnership with the Smithsonian Institution) in 2023, along with UCL\u2019s second building on their UCL East campus.<\/p>\n<p>The Mayor of London, Sadiq Khan, said:\u00a0\u201cCulture and creativity has shaped our city and made us who we are \u2013 the capital is overflowing with talent and imagination and it is what makes London the greatest city in the world.<\/p>\n<p>\u201cThat is why I am delighted to be in the Olympic Park breaking ground for the most ambitious cultural development in decades. East Bank will inspire a whole new generation of Londoners to pursue their creative ambitions. This new creative cluster will bring together world-leading cultural and educational institutions to give young Londoners the chance to explore career opportunities, create jobs for local people and provide an economic boost for the capital.\u201d<\/p>\n<p>Christophe Cuvillier, group CEO of <a href=\"https:\/\/www.urw.com\/\" target=\"_blank\" rel=\"noopener\">Unibail-Rodamco-Westfield<\/a>, said:\u00a0\u201cWestfield Stratford City is very proud to become the Founding Partner and Official Sponsor of the East Bank\u2019s new project which will provide new jobs, learning, training and educational programmes for local people.<\/p>\n<p>\u201cAs a business, Unibail-Rodamco-Westfield operates in the most dynamic cities across 12 countries, in Europe and the US. The East Bank project is without doubt the most ambitious programme of its kind in all of the regions we are present.<\/p>\n<p>\u201cOur involvement in East Bank is closely aligned with our commitment to creating flagship destinations and delivering new jobs. This investment will offer local people access to new careers and training opportunities across new cultural and placemaking industries.\u201d<\/p>\n<div class=\"mk-custom-module-container\">\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The Mayor of London, Sadiq Khan, broke ground to mark the start of construction on East Bank \u2013 the country\u2019s new powerhouse of culture, education, innovation and growth.<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[304],"tags":[676,947,642,273],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-59369","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-planning-construction-news","7":"tag-construction","8":"tag-london","9":"tag-placemaking","10":"tag-research-innovation"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Construction begins on \u00a31.1bn East Bank culture powerhouse<\/title>\n<meta name=\"description\" content=\"The Mayor of London, Sadiq Khan, broke ground to mark the start of construction on East Bank \u2013 the country\u2019s new powerhouse of culture and education\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/east-bank-powerhouse\/59369\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Construction begins on \u00a31.1bn East Bank culture powerhouse\" \/>\n<meta property=\"og:description\" content=\"The Mayor of London, Sadiq Khan, broke ground to mark the start of construction on East Bank \u2013 the country\u2019s new powerhouse of culture, education, innovation and growth\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/east-bank-powerhouse\/59369\/\" \/>\n<meta property=\"og:site_name\" content=\"Planning, Building &amp; 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