Companies are being invited to bid to develop the first neighbourhood on the site of the 2012 Olympic Park after the games finish.

The 9.3 hectare Chobham Manor site is close to the athletes’ village and the velopark and will see a return to London’s traditional family neighbourhoods of terraced and mews houses, set within tree-lined avenues.

Three quarters of the estate’s 800 homes will also be tailored to the demands of family housing.

Forty per cent of the new homes will also have gardens and the first homes will be ready in 2014.

There will also be a walk-in health centre, two nurseries, two multipurpose community spaces, neighbourhood shops and the nearby Chobham Academy school. The Olympic Park Legacy Company and the Mayor of London are exploring the possibility of introducing a Community Land Trust pilot scheme of between 50 to 100 homes as part of the development.

Andrew Altman, chief executive of the Olympic Park Legacy Company, said:

“A year ago we set out our vision for the Park after the Games which responded to local demand for family homes. Today we are making it happen by seeking a developer who will create a family neighbourhood with traditional terraced houses and homes with gardens.

“We are more advanced than any previous host city in our plans to deliver a legacy of new homes, jobs and leisure opportunities. Chobham Manor will set the standard for high quality design as the first neighbourhood on the Queen Elizabeth Olympic Park.”

London Mayor Boris Johnson, said: “Chobham Manor has the potential to set new standards for family homes and, with the prospect of a community land trust at its heart, we have a unique opportunity for local people to shape the proposals.

“The Olympic Park is a spectacular setting from which this fledgling neighbourhood can emerge and we want to see developers with the passion required to make it happen.”

Chobham Manor 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, in addition to the athletes village.

Last month, the Legacy Company submitted a planning application for the neighbourhoods which were named by the public in competition earlier this year. Besides Chobham Manor they are East Wick, Sweetwater, Marshgate Wharf and Pudding Mill.

Developers have until December 2 to register their interest.