The Crown Estate – Lendlease UK Development Partnership

project signed

The project involves the establishment of the Impact Partnership Joint Venture (IPJV) between The Crown Estate and Lendlease to deliver a long-term, £24 billion urban regeneration programme across the United Kingdom. The partnership will plan, develop, and manage a portfolio of large-scale mixed-use developments, initially focusing on Euston, Silvertown, and Stratford Cross in London, with future phases expected to include Smithfield and Thamesmead Waterfront. The developments will provide thousands of new homes, including affordable housing, alongside commercial, retail, life sciences, innovation, and public spaces. The project aims to accelerate sustainable urban regeneration, attract institutional investment, create employment opportunities, enhance local infrastructure, and support long-term economic growth while delivering vibrant, inclusive, and environmentally sustainable communities.