The £600m project will deliver two new neighbourhoods in the south of the Park at Stratford Waterfront, and at Bridgewater Triangle close to UCL’s new campus at UCL East.

The 1.6-acre Stratford Waterfront site sits to next to the new East Bank culture and education district and its immediate neighbours will be new outposts for the V&A, Sadler’s Wells, the BBC and UAL’s London College of Fashion, which are all under construction.

Stratford Waterfront outline consent

Already it holds outline planning consent, will comprise up to 600 homes and retail and food  uses.

At Bridgewater, the vision is to create a multi-generational and family-oriented environment within a river setting.

More traditional housing types planned for Bridgewater Triangle community

The 5.9-acre site sits close to Pudding Mill DLR station and is bounded by the Waterworks River to the east and the Greenway to the west.

Rosanna Lawes, Executive Director of Development at LLDC, said: “We are in a challenging economic world and our approach to this development will be different to our previous neighbourhoods on the Park.

“We are not risk averse and we are keen to work alongside the market in a joint venture to promote this development at pace with a partner who shares our vision to establish a new and exemplary metropolitan centre.”

Further details of the scheme and timetable will be made available at an online launch event at 4pm on 14 October 2020.

LLDC aims to appoint a partner by the end of 2021.