A new community of more than 3,500 homes in Newham aims to create a neighbourhood where people will stay for the long-term, moving from rental to home ownership on the same site – and with a school on the doorstep.
Berkeley Homes and the Greater London Authority have joined forces to regenerate the 26-acre former Parcelforce Depot between Canary Wharf and the Olympic Park where 1,100 will be for the private rental market.
Berkeley aims to submit a planning application to Newham Council in autumn, with a view to starting on site in spring 2017 and completing the first homes in early 2019.
The 3,500 homes will be divided equally between affordable, private and build to rent, allowing residents to move between rental homes into ownership on the same site.
At the heart of the masterplan, designed by Patel Taylor, will be the Four Seasons park, covering 4.5 acres of land. Sixty per cent of the whole development will be open space.
The development will also provide a secondary school for 1,000 pupils which could open by September 2019. Meanwhile, direct access will be provided into West Ham station from the newly created piazza, as well as two pedestrian bridges, to connect the site to the surrounding neighbourhoods.
Speaking at the announcement in at the international real estate show MIPIM in Cannes, Tony Pidgley, chairman of the Berkeley Group, said: “This is an inspired design with a wonderful park which will create one of the best new communities in London.”
Richard Blakeway, Deputy Mayor for Housing, Land and Property, said: “Berkeley has come forward with a bold and innovative scheme that will create a new East London community on what was previously a chunk of disused land.
"This flagship development continues the transformation of east London as part of our Olympic legacy.”
Newham Cabinet member Cllr Ken Clark said: “This proposal could go some way to providing much needed housing and school places, as well as more green spaces for our residents.”
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