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Legacy Corporation accelerates Olympic Park redevelopment

15 Nov 13 Bidding has opened to develop two more sections of the Queen Elizabeth Olympic Park.

The London Legacy Development Corporation (LLDC) has invited developers to put forward proposals to shape and deliver these new communities called East Wick and Sweetwater.

The neighbourhoods of East Wick and Sweetwater will consist of up to 1,500 new homes. The LLDC expects the first residents to move in at the end of 2016 with the development completed in 2023, six years ahead of the original masterplan.

Located on the western edge of the Park, with connections through to Hackney Wick and Fish Island, the development will include employment space, two new primary schools, nurseries and a health centre.

LLDC chief executive Dennis Hone said: “The new neighbourhoods at East Wick and Sweetwater will exemplify the best of London’s residential architecture with a range of family homes and apartments.

“This is the next stage in the transformation of Queen Elizabeth Olympic Park and an exciting opportunity for a development partner to create two high quality new neighbourhoods. We are creating a new part of the city and these neighbourhoods will be at its heart.”

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Mayor of London Boris Johnson said: “The development of East Wick and Sweetwater offers a tremendous opportunity for developers to be part of London’s historic Olympic site. Our goal is to create vibrant new neighbourhoods to include a range of affordable housing choices for Londoners. There’s a huge need for more homes in the capital and this pressure will only increase as the city grows. That’s why we have found a way to accelerate the delivery of these two neighbourhoods to help people get into the homes they want more quickly.”

This is the next phase of development on the Park, that in total will create up to 6,800 homes across five new neighbourhoods.

The call for developers for East Wick and Sweetwater follows the submission of the reserved matters planning application for the first phase of homes to be built at Chobham Manor to start in 2014 – the first neighbourhood to be built on the Park.

Parties wishing to participate should register on www.supply4london.gov.uk and then under the ‘Response Manager’ link, enter the access code 53324UAA49.  They will then need to download and return a non-disclosure agreement, which will enable access to the data room. The pre-qualification questionnaire must be submitted on by noon on 9 January 2014. The second stage will be by invitation only. Shortlisted parties will be invited to participate in competitive dialogue, following which a reduced number will be invited to submit final tenders. The Legacy Corporation expects to appoint a preferred bidder in autumn 2014.

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