Member Article

Developer appointed major East London housing scheme

Berkeley Homes has been appointed by the Mayor of London’s office to leads on a project to build 3,500 new homes, a school and a park on the site of a disused Parcelforce depot in East London.

The 10-hectare site in Stephenson Street, Newham will boast a new school and green space, as well as nearly 30,000 square feet of retail space. More than 1,200 of the 3,500 homes will be affordable, the Mayor’s office says.

The Mayor of London Boris Johnson MP said: “This huge chunk of disused land will be put to the best possible use, creating a whole new neighbourhood including 3,500 much-needed new homes, a new school and a park. This ambitious development will help to further the continuing transformation of east London as part of our Olympic legacy.”

Chairman of the Berkeley Group Tony Pidgley CBE said: “Stephenson Street will be a new village for London. It will have all the qualities that a successful community needs: shops, workspaces and a school, links between neighbours, a beautiful park where people can play and great transport connections. Above all, this site will create homes for people regardless of their age, background or income. It will be a place for everyone.”

The development of the Stephenson Street site is part of the Mayor’s pledge to release all City Hall-owned land for development by the end of his Mayoral term in 2016.

Almost all these sites are now up for development and include the regeneration of four former hospital sites and industrial land at Greenwich Peninsula and Barking Riverside. Around 50,000 homes will be delivered on City Hall’s land interests.

Berkeley Homes was selected from a shortlist of four developers as the partner for the new site as part of the London Development Panel procurement process, which was set up by the Mayor to accelerate the delivery of housing in London.

This was posted in Bdaily's Members' News section by Ellen Forster .