Olympic’s Chobham Farm legacy development...now it’s down to last three bidders
�And then there were three. A shortlist of wannabe developers of Chobham Manor, the first neighbourhood on the post-Games Olympic Park, has been whittled down to a trio of names.
They are East Thames and Countryside Properties, Barratt Homes and Le Frak Organisation and Taylor Wimpey and London & Quadrant, the Olympic Park Legacy Company (OPLC) announced.
The 800- home Chobham Manor will be developed on the Queen Elizabeth Olympic Park between the Athletes’ Village converted into 2,800 flats after the 2012 Games and the VeloPark.
Promised is a return to London’s traditional family neighbourhoods of terraced and mews houses, set within tree-lined avenues and squares.
At least 70 per cent of the homes will be family housing, 40 per cent with gardens. Around 30 per cent of the homes will be deemed “affordable” with local people targeted through local authorities and housing associations.
Families will have a walk-in health centre, two nurseries, two multi-purpose community spaces, neighbourhood shops and the nearby academy school.
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The favoured bidders will now enter into an intensive series of competitive dialogue meetings on their detailed proposals.
A development partner is expected by this summer with the first homes ready in 2014.
Andrew Altman, Chief Executive of OPLC, said he expects Chobham Manor to set the benchmark for quality design and sustainable living on the Park.
The bidders, he said, “reflect the strong market appetite to develop family housing in the area.
He added: “Legacy plans are more advanced than any previous Olympic host city.
Chobham Manor, within in walking distance of the Stratford rail station is one of five neighbourhoods to be developed on the Queen Elizabeth Olympic Park, with up to 8,000 new homes being built over the next 20 years.