Three bidders have been shortlisted to build accelerated housing on Queen Elizabeth Olympic Park and now move forward to the next stage of the bidding process for the new neighbourhoods of East Wick and Sweetwater.
Six firms submitted outline proposals earlier this year, which were evaluated against criteria including design, delivery and commercial drivers. The final three making it through to the next round are joint venture Places for People and Balfour Beatty, consortium Mace, Argent and Peabody and Grainger, who will now formalise their proposals to be submitted in September. The London Legacy Development Corporation (LLDC) will then select a preferred bidder later in the autumn.
The neighbourhoods of East Wick and Sweetwater will create up to 1,500 homes and will include private rented sector housing and much needed affordable homes.
Rosanna Lawes, executive director of development, said:
“The standard and quality of the Outline Solutions received was extremely high and LLDC has undertaken a thorough evaluation process to arrive at the shortlist. The shortlisted three bidders have the potential to create vibrant new neighbourhoods connected to existing communities in Hackney Wick and Fish Island.
“We are entering the most exciting stage in the transformation of Queen Elizabeth Olympic Park. The south of the Park opened to the public in April, work is underway on the first new neighbourhood, Chobham Manor, and our plans for a new civic quarter with high quality educational and arts institutions are taking shape. We are creating a new part of the city and these neighbourhoods will be at its heart.”