The Development.
In March 2007, Lend Lease and its partners First Base and East Thames were selected by London & Continental Railways and the Olympic Delivery Authority (ODA) as preferred Development Partner for Zones 2-7 of Stratford City, including the Athletes Village.
Under the terms of the proposed agreement, the Lend Lease team will develop the site in two phases.
Phase One, which has an estimated value of £2 billion, involves the development of approximately 4,200 residential dwellings and related accommodation that will become the Athletes Village for the London 2012 Games. Construction is expected to start in 2008, with a handover to the ODA in late 2011.
It is this phase which will incorporate the work of the Village Architects Panel.
A subsequent (post 2012) phase will then involve the Lend Lease team refurbishing the Athletes Village following the completion of the London 2012 Games, as well as developing up to another 500,000 square metres of space to complete the regeneration of this area of Stratford City. This phase has a potential value of around £3.5 billion, assuming development over the period to 2020.
A master plan for the site (designed by Fletcher Priest Architects and Arup Urban Design) and a landscape strategy (by West 8) are already in place, and Allford Hall Monaghan Morris as residential advisors have carried out studies of the spatial requirements for Olympic and Paralympic athletes. Architects of individual elements within the master plan will be asked to work within the parameters set by these pieces of work.
