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Mixed-use development approved in East London

Words: Laura Edgar
CGI of Park Approach, East Bank / press release

The Mayor of London’s office has granted planning approval for four cultural and education buildings at the Queen Elizabeth Olympic Park, as well as up to 600 homes.

It is thought the scheme will deliver 2,500 jobs and contribute £1.5 billion to the economy.

The four cultural and education buildings are a key part of the Stratford Waterfront element of the East Bank scheme. The buildings are for Sadler’s Wells dance theatre, the Victoria and Albert Museum (V&A) including a partnership with the Smithsonian Institution, the BBC, and a new campus for University of the Arts London: London College of Fashion.

The East Bank scheme will be delivered across three sites in the Olympic Park, totalling 4.25 hectares in size.

Joanne McCartney, statutory deputy mayor, considered the planning application. She said: “East Bank is central to the mayor’s vision of creating a powerhouse for artistic excellence, learning, research, performance and exhibitions on the site of the London 2012 Olympic and Paralympic Games. It represents a unique prospect for London that is almost unparalleled on the international stage.”

She added that the project would “touch the lives of everyone visiting, living and working in and around the park”.

Last year, the Mayor of London Sadiq Khan confirmed that at least 50 per cent of new homes across the remaining development sites on the park – Stratford Waterfront, Pudding Mill and Rick Roberts Way – will be “genuinely” affordable.