London mayor pledges cash for river walk
Up to £60 million of funding has been pledged by Boris Johnson for a new long floating river walk along the north bank of the River Thames.
Government News reported that plans for the 'London River Park' - which has been agreed by financiers at the Venus Group of Singapore - are to be submitted to the City of London Corporation and other relevant authorities for consideration.
The plan is to provide a continuous 12-metre-wide floating pontoon to "run parallel to the existing disjointed pathways and streets that currently connect this important stretch of river frontage." It is hoped that the project, which could create jobs in construction around the local and wider area, will have eight themed pavilions to showcase London, and to host events by the Thames.
30 per cent of the revenues raised through the commercial operation of the River Park will be shared with the Mayor for the public benefit.
London mayor Boris Johnson hailed the new plans, stating in Builder and Engineer: "The sheer beauty and design brilliance of this structure will provide yet another amazing and unique attraction for the capital."
"We will proceed sensitively working closely with our partners, particularly in the City, to ensure that one of the most famous and cherished waterfronts in the world is enhanced for the benefit of our great Capital.
Author: Ashley Curtis
Keywords: jobs in construction