One of the best-known buildings in London’s Royal Docks is to undergo a £12million restoration as part of the £3.5billion Silvertown Partnership regeneration project. The Millennium Mills funding has been obtained through the Government’s Building Foundations for Growth Enterprise Zones Capital Grant fund and awarded to Millennium Mills through the London Enterprise Panel, which is chaired by the Mayor of London, Boris Johnson. Work includes the removal of asbestos from the building and the demolition of parts of the interior. It’s the first stage of a two-year project with the intention of transforming Millennium Mills into a centre for new business and enterprise.

Elliot Lipton from The Silvertown Partnership, commented: “Silvertown is a final part of the jigsaw for East London. It has the space, the scale and the access to bring together game-changing individuals and enterprises. We have a unique opportunity here to bring together many of the leading edge activities, with the space to grow, to collaborate, to move our city forward. We have now marked the start, with Millennium Mills set to house half a million square foot of creativity at the heart of Silvertown.”