New regency era for Olympic Park

CRESCENT-SHAPED regency-style terraces will form the heart of a leafy family quarter in the north of the newly-named Queen Elizabeth’s Olympic Park.

Mayor of London Boris Johnson told an audience of developers and politicians in central London today that the vision for the green space after the Games was not of high-rise “rabbit hutches” but of three to four-storey terraces complete with private gardens.

This would contrast with the southern part of the Stratford park where the pace of life would be faster with waterfront apartments and a plaza for live concerts.

The more spacious flats and houses, however, have come at a price with the number of homes created slashed from 11,000 when the masterplan was first revealed two years ago to 8,000.

He said: “I have absolutely no doubt we can sell this vision to that people of this community, the people of this city and around the world.”

The Mayor added that he expected to new housing to “go like hot cakes” and there would be interest from developers all over the world.

Mr Johnson also revealed that the Olympic Park Legacy Company (OPLC), which is responsible for transforming the 500-acre site in time for its re-opening in 2013, will come under the control of the new Mayoral Development Corporation, headed by the Mayor and the five Olympic London boroughs.

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OPLC chief executive Andrew Altman told the Recorder that it will be working with the local boroughs to ensure that the plans are in keeping with the surrounding area ahead of them being submitted next June for planning permission.

He said: “I think it is going to look like a place to live straight away after the Games with the Olympic Village being the first neighbourhood completed.”