This document discusses the redevelopment of the East Village neighborhood in London that was formerly the site of the Athletes Village for the 2012 Olympics. It summarizes that the 27 hectare site is being transformed into a new neighborhood with over 8,000 new homes by 2030, with the first phase including 2,818 homes, both market rate and affordable. It notes that the redevelopment was a public-private partnership between the government and private developers, with the public sector contributing infrastructure and the private sector undertaking the development.

2. CREATE A PLAN

3. DIRECT RESPONSE
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Slide 3
Present Day London Poverty Map

4. ECONOMIC IMPERATIVE
plus 40,000 new homes
Olympic
Park
Central
London
Canary
Wharf Airport

5. EAST VILLAGE: OLYMPIC PARK

6. EAST VILLAGE
Before (2007) Now

7. EAST VILLAGE
• Athletes Village (24,000 beds)
• Lendlease win tender to build & retrofit (2007)
• 27 hectares site
• First of 6 new neighbourhoods (8,000 homes by 2030)
• 2818 homes (1- 4 bed)
• 1439 open market rent (sold to Qatari Diar Delancey for £557m)
• 1379 affordable (sold to Triathlon Homes for £268m)
• Estate Management Company established

8. EAST VILLAGE
• 8000 new residents (majority 20-35 years old)
• First occupation July 2013
• Target 50% new tenants in employment
• Skills / Training audit for all / job brokerage
• Chobham Academy (opens September 2013)
• 1800 students (age 3-19: nursery to sixth-form & adult education)
• Performing Arts & Sports specialisms
• Health & Well-Being Centre (opens July 2013)

9. EAST VILLAGE
Circa £300m net cost to Government
“It was an empty site without infrastructure,
roads and parks. There was always
going to be a public sector
contribution to help put these in.”
Jeremy Hunt: Culture Secretary UK Government

10. FUNDAMENTALS
• Public & Private Sector partnership
• Public Sector: infrastructure
• Private Sector: development
• Community Infrastructure Levy
• Combined objective: convergence
• Trend: localism, neighbourhood planning,
devolved and aligned budgets, community hubs
• Meanwhile……..

11. SPEED
Cable Car Global Sustainability Centre

12. IT’S ALL ABOUT
THE PEOPLE
Slide 12