Further Alterations To The London Plan: Employment Related Changes
The Further Alterations to the 2011 London Plan (FALP) were formally adopted on 10 March 2015. Although a majority of the key changes focus on meeting London's housing needs, there are some important amendments to economic related policies.
The FALP does not set a target for employment growth but predicts that the number of jobs across London could increase from 4.9m in 2011 to 5.8m in 2036, representing a growth of 17.6%. The overall level of growth masks significant differences between certain sectors, with 49% net growth in jobs predicted to be delivered across professional, real estate, scientific and technical activities, whilst employment in manufacturing is expected to decline from 129,000 jobs in 2011 to 34,000 in 2036.
Spatially, the Mayor is keen to support employment growth within inner London and is committed to nurturing the technology, media and telecommunications sector, emphasising the need to ensure sufficient commercial floorspace within Tech City and Med City. Here East on the Olympic Park is an excellent example of the type of innovative project that is encouraged by the Mayor to deliver these types of jobs.
The 38 Opportunity Areas are earmarked to accommodate a significant proportion of the overall employment growth, with the five new Opportunity Areas identified as having the capacity to deliver approximately 63,000 new jobs over the plan period, including 55,000 new jobs at Old Oak Common.
In response to concerns regarding the loss of small scale office...
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