First of its kind platform highlights key areas to set up, relocate and expand in London
An innovative new tech tool that aims to help businesses identify key areas to set up, relocate and expand in London has been launched today by JLL and the Mayor of London's official promotional company, London & Partners.
GROW.LONDON is a fully interactive online platform that will provide a new hub of data and insight on key location and business decision-making factors. Through the Map London tool the website will allow businesses to explore tube, rail and air connectivity and Crossrail commute time improvements. In addition, population growth, economic output, house prices, emerging market clusters and a timeline of developments can all be tracked across London. These key strands also include a wealth of information on London's competitiveness as a global city and the strength of the lifestyle offer in the capital.
The tool is being officially launched at City Hall today by Sir Edward Lister Deputy Mayor for Planning and Chairman of London & Partners.
Sir Edward Lister said: "London is already one of the greatest places in the world to set up a new business or invest in. And GROW.LONDON will help businesses of all sizes to tap into the opportunities for growth that they find here, making it easier for them to make well-considered decisions on where to locate. Our surging population, coupled with major infrastructure improvements such as Crossrail and the construction of tens of thousands of new homes, means that we will be able to attract and grow businesses for many years to come."
Reinforcing how GROW.LONDON can assist businesses on where to locate in London, Michael Davis, Head of JLL's London Unlimited team, said: "Companies are embracing new ways of working. This coupled with an increasingly distributed office network and increased occupational costs in the core are encouraging businesses to be more geographically footloose than ever. Sustained population and employment growth in London over the next five years is expected to lead to an under provision of office stock of 23 million sq ft, which is why we are excited about the opportunities in developing neighbourhoods such as Battersea, Tottenham and the whole of East London."
Katie Kopec Principal Adviser for Regeneration and Development at London & Partners/JLL, said: "Just as Canary Wharf changed the business boundaries East, so these new areas will keep London moving apace, quickened by the new transport which is also opening up new residential areas by reducing commutes for the skilled multicultural labour force in London."
To find out more please visit www.grow.london.com