Places for London, Transport for London's wholly owned property company, has announced Ballymore as its joint venture partner for the transformation of the Limmo Peninsula in east London.

The partnership will see the creation of around 1,400 new homes, spanning affordable, market, and rental tenure, on a major brownfield site near Canning Town.

Once used as a base for the tunnelling machines that built the Elizabeth line, the five-hectare site within the Royal Docks and Beckton Riverside Opportunity Area will now be redeveloped into a new residential neighbourhood, helping to tackle the capital’s housing shortage.

Situated just a short walk from Canning Town station, which provides Tube, DLR, Elizabeth line, and bus services, the Limmo Peninsula will offer strong transport links. The development will place residents within 30 minutes of central London and will also benefit from proximity to Cycleway 3 and the Thames Path, supporting active and sustainable travel.

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As part of its long-term stewardship model, Places for London aims to create communities that are inclusive, sustainable, and well-connected—reflecting the broader goals of its parent organisation, Transport for London.

Ben Tate, Head of Property Development at Places for London, said: "We are delighted to have reached this stage in the process for the Limmo Peninsula, bringing us a step closer to bringing this new development in the heart of east London to life. Ballymore shares our dedication to providing great homes for Londoners, helping to ease the housing crisis and build the homes London urgently needs.

"The Limmo Peninsula development will be one of our most ambitious developments to date, showing how we can work with the private sector to benefit from the unique opportunities that our estate provides, and helps, us as part of TfL, to support London's continued growth. We're looking forward to creating a thriving and inclusive new residential neighbourhood, that is safe and child friendly, with excellent transport and active travel connections."

John Mulryan, Group Managing Director at Ballymore, added: "We have deep roots in Newham and are truly delighted to be partnering once again with Places for London. This partnership is in line with our ambition to partner with landowners across London to deliver new neighbourhoods and communities at scale.

"Newham is a fast growing, diverse borough - and it's hugely important that the vision for this site reflects that character. Limmo Peninsula will be a dynamic neighbourhood - where its community can thrive. We're looking forward to collaborating closely with local residents and businesses to create opportunity, connections, and a thoughtfully designed, sustainable neighbourhood."