However, there is some doubt over whether the government's expectations are realistic. For the plan to succeed the development would need to "lever in" up to £2bn of private investment. Some industry bodies, including the British Property Federation and the House Builders Federation expressed doubts over whether the government's ambitions for the Thames Gateway could be achieved without additional public investment in transport and social and economic infrastructure.
Concerns have also been raised about the quality of the planned developments. Architecture watchdog CABE warned Prescott to avoid the creation of developer led "soulless housing estates" by promoting design-led projects such as Crest Nicholson's Ingress Park scheme in Greenhithe, Kent.
Where the government will be spending its money: