Build the Legacy

LONDON LEGACY DEVELOPMENT CORPORATION IS SEEKING A DEVELOPMENT PARTNER TO DELIVER EXCEPTIONAL REGENERATION ON THE WORLD-RENOWNED QUEEN ELIZABETH OLYMPIC PARK.

Aerial map of developments

Introduction

The Legacy Corporation is offering an incredible opportunity to participate in the innovative regeneration of two sites on the world-renowned Queen Elizabeth Olympic Park; Stratford Waterfront and Bridgewater Triangle.

An experienced Joint Venture Partner is sought who will deliver the schemes through development management expertise, financial investment and management, procurement of third-party consultants & contractors and the raising of third-party debt. The primary objective of the Joint Venture is to acquire land and subsequently develop two high quality residential property neighbourhoods within a sensitive context at Queen Elizabeth Olympic Park. The focus will be on optimising design quality, regeneration legacy and generating subsequent geared capital.

The opportunity spans two prominent sites on Queen Elizabeth Olympic Park and includes the potential to deliver c.1,200 residential units and associated retail and public realm.

The Information Memorandum provides more detail for interested parties, with an overview of the Legacy Corporation’s vision and objectives, planning context, the commercial principles underpinning the development and a summary of the procurement process.

london legacy development corporation

The London Legacy Development Corporation (LLDC) is the Mayor of London’s development corporation for Queen Elizabeth Olympic Park and the surrounding area. LLDC is responsible for delivering the physical legacy of the Games – the long-term planning, development, management and maintenance of the Park to transform and integrate one of the most challenged areas in the UK into world-class, sustainable and thriving neighbourhoods.

We are looking for the right partner with the right people and the drive and determination to help us deliver the greatest Olympic legacy ever seen.

Sir Peter Hendy CBE, Chair

CREATING A DYNAMIC NEW METROPOLITAN CENTRE FOR LONDON

The mission

To use the opportunity of the London 2012 Games and the creation of Queen Elizabeth Olympic Park to change the lives of people in east London and drive growth and investment in London and the UK, by developing an inspiring and innovative place where people want - and can afford - to live, work and visit. 

THE OPPORTUNITY

The Legacy Corporation is offering a unique opportunity to deliver two exceptional sites on the globally recognisable Queen Elizabeth Olympic Park; Stratford Waterfront and Bridgewater Triangle.

STRATFORD WATERFRONT

A high-quality residential development set in an incredible natural environment in the Queen Elizabeth Olympic Park and next to East Bank.

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BRIDGEWATER TRIANGLE

A beautiful new riverside residential community.

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LLDC is seeking a Partner who will enter into a 50:50 JV partnership with them. The Legacy Corporation seeks a partner that is aligned to the long-term regeneration aims of the organisation.

In order to deliver this the Legacy Corporation is looking for four key aspects:

  1. A long term partnership
  2. Development management expertise
  3. Investment management
  4. Matched equity
  5. Long term estate management

 

Further information is available in the Information Memorandum.