MIPIM 2010: Boris delivers keynote speech

James Buckley 16/03/2010 14:31

London mayor Boris Johnson today delivered an overview of his administration's approach to city planning, saying that there was a "palpable optimism" for property development in the capital.

Delivering the keynote speech opening this year's MIPIM property festival in Cannes, the mayor updated on plans to create a London-wide housing company into which the LDA will put some of its land holdings in order to encourage development going forward.

The mayor added that  opportunities for development in London were unrivalled by any other global city.

In particular Johnson said that the Olympic development bodies had made so much progress on the Olympics park in Stratford that London could hold the Games a year early.

He said: "Our goal in City Hall is to create the right planning framework to allow developers to get on and do what they do so well.

"We want to create public spaces that will last and be loved and we have a £200m budget for urban realm improvements."

james.buckley@estatesgazette.com

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