Housing
Developing the right mix of high quality, affordable housing of all types is an important part of the Olympic Park plan. Family housing is one of the most important things that local people have asked for, and has become a priority for us.
New neighbourhoods will be established around the Park, each with a distinct character and a mix of housing sizes, ownership and rental options. Soon after the Games, the Athletes Village will provide around 2,800 new homes - half of these will be affordable housing.
These developments will be part of much bigger change across the Lower Lee Valley, with new homes planned in Bromley-by-Bow, Hackney Wick, Canning Town and Leyton. This is in addition to the several thousand homes already being built in and around Stratford.
Like everything else to do with the future of the Park, we're looking into all the options and working with local organisations and housing associations to identify innovative models of affordable housing, such as shared ownership, shared equity and the feasibility of community trusts.
To develop the type of housing that people want, we will only promote projects that:
- build a diverse range of homes designed for a wide mix of people
- use efficient energy and green technologies
- provide different types of outdoor space for families, including private, neighborhood and community play
- design housing that will meet changing needs over the next 20 to 30 years
- create high quality, aspirational homes that attract people to the area
- create family housing that encourages stable and long lasting neighbourhoods
- include high quality, affordable homes for people excluded from the housing market
- provide a choice of housing that attracts and includes established residents
After the 2012 Games, the Athletes Village will be transformed into a new residential area with just over 2,800 homes - a mixture of two, three and four bedroom apartments. Roughly half of these will be owned and managed by Triathlon Homes. This joint venture company is committed to building affordable, high quality homes featuring innovative design, courtyards and green spaces. To find out more or to join the waiting list, visit the Triathlon Homes website.
Plans for the Park, particularly around housing, are being reviewed and developed at present. Greater details on the type of housing, number of homes and affordability options will be added to this site as soon as the plans have been confirmed. Watch this space!
