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Thames Clippers invests in the Greenwich Peninsula

(2 March 2020) Thames Clippers, in partnership with Knight Dragon, has purchased North Greenwich Pier. The two businesses are planning to redevelop the pier to provide an upgraded gateway to the Greenwich Peninsula to further improve the Thames Clippers River Bus customer experience. The investment in this key piece of infrastructure on the Greenwich Peninsula will help improve connectivity for those visiting, working or living in the neighbourhood.

North Greenwich Pier, one of Thames Clippers’ key stops in the east, is served by two routes, RB1 (Battersea Power Station to Woolwich (Royal Arsenal)) and the River Bus Express, the dedicated service for The O2 on event nights. The service carries visitors to The O2 and the wider Greenwich Peninsula as well as the growing number of residents and workers in the area.

The newly acquired pier will undergo refurbishment to improve the customer experience as it serves as a gateway to an increasingly vibrant area as a destination to both visit and live. Along with an ever-expanding roster of shopping experiences at ICON Outlet, The O2 is also home to Mamma Mia! The Party, ABBA: Super Troupers The Exhibition, Up at The O2, over 30 bars and restaurants, London’s largest cinema, bowling and a trampoline park. Greenwich Peninsula is home to new attractions including The Tide – an exciting new riverside linear park, the first section of which opened last year – and a host of new riverside eateries and bars such as Basque restaurant, Ardoa. The highly anticipated Design District, London’s first purpose-built district for the creative community, will also open its doors later this year.

In conjunction with transporting leisure passengers for all of these activities and events, Thames Clippers offers a comfortable and efficient way to commute to and from the centre of the Capital.

Geoff Symonds, Chief Operating Officer, Thames Clippers, said:

“The business continues to focus on investment in key infrastructure, whether it be people, vessels or piers.  The acquisition of North Greenwich Pier, alongside property developer Knight Dragon, which is developing 15,000 new homes and 48 acres of public open space over the coming years, is an exciting development for us and Greenwich Peninsula. We continue to work on our plans to expand the River Bus service further east and look forward to sharing further business advancements in the near future.”

Richard Margree, CEO, Knight Dragon, comments:

“Wrapped in 1.6 miles of the Thames, the river forms an integral part of Greenwich Peninsula. As we continue to make significant progress at the neighbourhood, our investment in North Greenwich Pier alongside Thames Clippers will improve transport connections and provide an enhanced experience for visitors, residents and local businesses.”

Planned upgrades to North Greenwich Pier, pending planning consent, will include work at street level to create a new customer experience, as well as upgrades to the pontoon and infrastructure providing logistical support for the growing demands of the service.  The plan is that the existing pier will continue to be fully operational throughout the works, with the newly enhanced pier delivered by the end of 2020, if all goes to schedule.

Thames Clippers is London’s fastest and most frequent River Bus service. Passengers from North Greenwich can travel directly to key London hubs such as Canary Wharf (16 mins), London Bridge (35 mins), Blackfriars (42 mins), Embankment (49 mins), Westminster (53 mins) and Battersea Power Station (62 mins).