 In 1965, a council scheme for the redevelopment of the area was approved for completion in 1972.The proposals included an eight-storey flatted factory and 16 workshops with car parking above them as well as a new Assay Office, School of Jewellery, exhibition hall, restaurant, office block and shop.The flatted factory, known as the Dockley Centre (now the Big Peg), was completed in 1971.