Construction begins on Olympic legacy homes
The re-zoning of Stratford has given buyers more reason to focus on the site of London 2012.
Glasshouse Gardens is one of those developments eager to capitalise on Mayor Boris Johnson's decision to move the east London area's stations from Zone 3 to 2/3 in 2016, which was announced last week.
Work has now begun on the 333-apartment scheme, built jointly by Land Lease and London Intercontinental Railways, which stretches across two towers. The first phase is due to hit the market in two years' time.
Glasshouse Gardens is part of The International Quarter development in Stratford.
Ian Crockford, project director on the quarter at Lend Lease, said: "The start of construction on the Glasshouse Gardens homes marks an exciting step in the creation of this new residential and commercial district, which is set to be London's new feel-good workplace.
"The development will offer residents a unique opportunity to live among, and make use of, some of the world's most elite sporting facilities where the London 2012 Olympic and Paralympic Games were held.
"Stratford is now well on its way to becoming one of the most well connected and desirable places to live in London which has been helped tremendously by the news that Stratford will be re-zoned from Zone 3 to Zone 2/3. We look forward to delivering our great homes in this exciting and vibrant part of the capital."
The developer said the apartments offered the "latest in sustainable building practices and innovation".
Green roofs will absorb rainwater and provide insulation, reducing bills for residents. Prices for homes at the development start at £560,000.
David Joy, chief executive of London Continental Railways, said: "The International Quarter and the wider Queen Elizabeth Olympic Park is such a great example of regeneration done right.
"The office space is filling up, there is great demand for the new homes and of course there are world class leisure facilities on the doorstep. LCR is proud to be part of such an important, growing and thriving part of London."
Go to ghgstratford.com.