Plans approved for £1.1bn East Bank scheme in London, UK

WCN Editorial Team 13 Jun 2019 EUROPE BUILDINGS

The Mayor of London’s Office has granted planning permission for £1.1bn East Bank scheme on Stratford Waterfront at the Queen Elizabeth Olympic Park in London, UK.

Expected to create 2,500 jobs, the development involves the construction four cultural and education buildings and up to 600 homes on Queen Elizabeth Olympic Park.

The site will be home to 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.

Spread across three sites on Queen Elizabeth Olympic Park, the East Bank scheme is expected to generate £1.5bn for the local economy.

The 4.25-hectare site will include 41,965km² of educational space, 8,144km² of cultural space, 20,770km² of performance venue space, 1,934km² of retail/food and drink space, and 86km² of office space.

London Statutory Deputy Mayor Joanne McCartney 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."

Last year, the UK-based consultancy and construction company Mace was appointed by the London Legacy Development Corporation (LLDC) as the project management partner for Stratford’s new East Bank development.

Mace will lead the project and construction management on the V&A East museum, Sadler’s Wells East theatre, London College of Fashion campus and the BBC Concert Hall.

LLDC CEO Lyn Garner said: “East Bank will be the glue that binds together the different elements on the Park from world-class visitor attractions, high-tech business districts, thousands of new homes and wonderful parkland and open spaces.

“Now, with planning permission in place for the biggest and most exciting culture and education project for a generation, we can start to deliver on the promises for jobs, skills and homes for east London.”

Image: Illustration of East Bank scheme at Queen Elizabeth Olympic Park in UK. Photo: courtesy of Mace Group.

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