Places for People and Balfour Beatty have won the contract to develop the new neighborhoods of East Wick and Sweetwater in East London.
Forming a connection between the already established communities of Hackney Wick and Fish Island, East Wick and Sweetwater will provide a huge amount of homes, schools and commercial space for East London.
The Mayor of London and London Legacy Development Corporation chose the winning design from a shortlist of six teams and is said to include a range of property types from Townhouses to studios. The developments are estimated to create a total of 7,200 sqm of commercial retail space, 10,000 sqm of employment, 14,000 sqm of community space and up to 1500 homes. Adding this to the developments already underway at Here East and Fish Islands indicate that the former Olympic site will be a future destination for business and opportunity.
David Goldstone Chief Executive London Legacy Development Corporation, said:
“We are delighted by the high quality of the bid from Places for People and Balfour Beatty, which offers exciting opportunities for local people, businesses and Queen Elizabeth Olympic Park. East Wick and Sweetwater will exemplify the best of London’s residential architecture and we hope it can provide a model for speeding up delivery across London.”
David Cowans, Chief Executive at Places for People, said:
"This is East London's moment and it's our big moment too and we are thrilled to have been selected to be part of the transformation of Queen Elizabeth Olympic Park. With our partner, Balfour Beatty, we have the perfect opportunity to work with the London Legacy Development Corporation to create a truly unique and exciting place to live. This is exactly what Places for People is about, making great places and ensuring that the true Legacy of 2012 lives on by creating opportunities for the existing communities around the park to share in its success".