THREE competing bidders have been shortlisted to build 800 homes in the first neighbourhood at the Queen Elizabeth Olympic Park after the London 2012 Games.
Barratt Homes and Le Frak Organisation, Taylor Wimpey and London & Quadrant as well as East Thames and Countryside Properties, have been selected from a shortlist of six potential developers to build Cobham Manor, the Olympic Park Legacy Company (OPLC) revealed yesterday.
Chobam Manor, which sits between Athletes’ Village and the VeloPark in Stratford, will form one of five neighbourhoods developed on the Olympic Park, with up to 8,000 new homes eventually being built over the next 20 years.
The OPLC said it wanted to see “a return to London’s traditional family neighbourhoods” with terraced and mews houses plus duplex apartments set within tree-lined avenues. Up to 70 per cent of the 800 homes will cater to the needs for larger family housing in the area and 40 per cent will have gardens. The neighbourhood will also include a walk-in health centre, two nurseries and the nearby Academy school.
The OPLC, which is being advised by Drivers Jonas Deloitte, hopes to select a partner this summer in time for the first homes to be ready in 2014. In total, the Olympic Park will provide 35 per cent affordable housing.