[1] Two dry docks and machine shops were established to the south at the western end for ship repairs by R & H Green & Silley Weir (later River Thames Shiprepairs Ltd).
Boris Johnson promised that the development would be the "next Canary Wharf", serving as a gateway for Asian and Chinese businesses, creating 20,000 jobs and adding £6 billion to the UK economy.
[14] However, in February 2022, unable to live up to Boris Johnson's promises, the business park was instead described as a half finished, abandoned and mostly empty "ghost town" and white elephant with less than 10% of units ever being occupied.
[10] The Financial Times suggested in early 2022 that, "the Albert Dock development owned by Beijing-based Advanced Business Park, is on the brink of collapse after creditors appointed administrators to recover unpaid debts".
[16] In July 2022, PwC was appointed as liquidator to 23 companies within the ABP Group and the development was subsequently sold to property firm DPK led by armature jockey David Maxwell.