Olympic Park residential development takes major step forward (From East London and West Essex Guardian Series)
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The beginning of construction at Chobham Manor, in Stratford's Queen Elizabeth Olympic Park, is one step closer
Plans to build nearly 1,000 homes at the Queen Elizabeth Olympic Park have taken a major step forward.
A document produced by joint developers Taylor Wimpey and London & Quadrant, detailing how planning guidelines will be adhered to - known as the zonal masterplan - was approved by the London Legacy Development Corporation (LLDC) this week.
A detailed planning application can now be submitted to the LLDC with a decision expected in the next few weeks.
Situated between the former athletes’ village, now called East Village, and the Lee Valley VeloPark, Chobham Manor forms part of the LLDC’s park-wide plans for five new neighbourhoods.
The organisation secured planning permission for 6,800 homes across the five neighbourhoods in 2012.
Just under three quarters of properties in Chobham Manor will be put up for sale, with the remainder set aside for affordable housing, including 93 for shared ownership and 139 for affordable rent.
Prices will be revealed next year.
Three-quaters of the properties will have three or more bedrooms.
Dennis Hone, chief executive of the LLDC, said: “The approval of the zonal masterplan is a significant milestone for the Queen Elizabeth Olympic Park.
“The detailed planning application for the first homes at Chobham Manor is now being prepared and will be submitted later this month.
“Subject to its approval, the first plots will go on sale in 2014 with people moving in the following year.”
Chobham Manor will also feature three large and distinct green spaces as well as shops.
More information is available on the Taylor Wimpey website.
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