Wednesday 26 January 2011

Olympics body may keep affordable homes

The Olympic Park Legacy Company is thinking to built 2,800 affordable homes in the Queen Elizabeth Olympic Park after next year’s London Olympics.

It would be an addition to the 1,379 affordable homes in the Athletes’ Village, which will be passed to the Triathlon Homes consortium of East Thames Housing Group, Southern Housing Group and developer First Base.

Andrew Altman,chief executive and OPLC chair Baroness Ford will analyze the plan which would see the body - which will ultimately come under the stewardship of the London mayor.

Around 11,000 homes are expected to be built including the 2,818 in the Athletes’ Village - which will be constructed over the 25 years after the Games.

Under the plan the OPLC would hope to begin the first homes in 2014 in the north east of the park adjacent to the Athletes’ Village and would look to contract out the management of the homes, possibly to a social landlord.

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