As many as 1,500 new homes could be built on a site used to create tunnels for the Elizabeth line, the mayor of London has revealed.

Newham Recorder: The Limmo Peninsula site Picture: TfLThe Limmo Peninsula site Picture: TfL (Image: TfL)

Sadiq Khan announced plans to transform the Limmo Peninsula site, next to Canning Town station, into a new neighbourhood.

It is proposed that 600 of the 1,500 homes built on the 12.3 acre site will be genuinely affordable.

Mr Khan explained that Transport for London (TfL) is seeking a partner to develop the site and said: “The Limmo Peninsula has the capacity to be transformed into a booming new East London neighbourhood.

“With Elizabeth line works almost complete, I am pleased that Transport for London is now in a position to bring forward this site for development.

He added: “It is part of my strategy to free up public land and to use it to build the homes that our great city so desperately needs.

“It is no secret that it will take many years to fix London’s housing crisis, and we ultimately need government support – but schemes such as this prove that we are can make a real difference now by delivering high-quality neighbourhoods with a large proportion of genuinely affordable homes.”

The Limmo Peninsula development is set to be mainly residential and will form part of the wider regeneration of Canning Town and Custom House.

The latter will be served by the Elizabeth line once it opens later this year.

Val Shawcross, deputy mayor for transport, said: “I am pleased that TfL is now bringing this site forward for development.

“With the Elizabeth line opening soon, there is no doubt that regenerating the Limmo Peninsula for new housing is the best possible outcome.”

Sir Robin Wales Mayor of Newham, added: “This new development in Canning Town is exciting news for Newham and will contribute to the ongoing transformation of the area.

“The site will deliver much needed affordable homes, create jobs and improve infrastructure.

“We look forward to working closely with TfL, the Mayor of London and all other partners over the coming months on this development and ensure it benefits our residents.”