The neighbourhoods of East Wick and Sweetwater will consist of up to 1,500 new homes, including much-needed private rented housing and affordable homes.

The Legacy Corporation wants to fast-track plans with the first residents moving in at the end of 2016 with the villages finished in 2023 – six years ahead of the original masterplan.

The western development areas will include employment space, two new primary schools, nurseries and a health centre.

In total, five new park villages are planned to build up to 6,800 homes.

The call for developers for East Wick and Sweetwater follows Taylor Wimpey’s submission of the reserved matters planning application for the first phase of homes to be built at Chobham Manor to start in 2014 – the first neighbourhood to be built on the Park.

Boris Johnson, Mayor of London, said: “The development of East Wick and Sweetwater offers a tremendous opportunity for developers to be part of London’s historic Olympic site.

“There’s a huge need for more homes in the capital and this pressure will only increase as the city grows. That’s why we have found a way to accelerate the delivery of these two neighbourhoods to help people get into the homes they want more quickly.”

The development partner could be a developer or consortium between developers, house builders, contractors, investors, Registered Providers and/or specialist private rented housing providers.