Plans have been approved for the first phase of a major housing development in London.

A joint venture (JV) between Places for People and Balfour Beatty Investments will deliver the first phase of East Wick & Sweetwater, comprising of two new neighbourhoods in London's Olympic Park.

The schemes will be built on the western edge of the Park, will provide over 300 homes in their first phase. Overall, 1,500 homes will be built across the development's timeline.

In addition, over 3,000 m2 of nursery, retail and employment space will be built. Phase 1 will unite these amenities with a series of interconnected public spaces, providing access to the green spaces of the Park, the recently opened Mossbourne Riverside Academy primary school and the River Lee Navigation canal.

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Andrew Atkins, Development Director for East Wick & Sweetwater Projects, said: "We are set to deliver two major new neighbourhoods with much needed housing, employment, retail and community spaces some six years ahead of schedule.

"We are working with the local community, the London Legacy Development Corporation, and the London Boroughs of Hackney and Tower Hamlets to make sure we get the right mix of affordable homes, rented homes and open market sale homes as well as providing space to create jobs, learning and places for the community to enjoy.

"We will deliver a unique place, inspired by the best of London, where people want to live and that is a key part of building neighbourhoods at The Park."

(LM/MH)