Green light for UCL's £1bn Olympic university quarter
Newham Council has approved Lifschutz Davidson Sandilands’ plans for a new University College London (UCL) campus next to the Olympic Park, in Newham, east London
The £1 billion Greater Carpenters Neighbourhood project in Stratford will now be developed further by the university and is expected to create 3,300 jobs and contribute £150 million to the borough’s economy annually.
UCL is proposing to build academic and research facilities as well as new undergraduate and postgraduate accommodation for students and staff on the 23-acre site.
The new university quarter would include changes to the public realm and landscaping of the area, in what the council says would provide ‘an academic gateway to the Olympic Park’.
A rehousing programme has been taking place since 2005 to support residents choosing to move out of the Greater Carpenters Neighbourhood, with 318 of the original 705 homes on the estate remaining occupied.
The council says refurbishment proved too expensive and that a residents’ charter is in place outlining housing options for occupants.
It also pledged that it would work with UCL to consult residents on the development of a 2013 masterplan.
Newham mayor Robin Wales said the decision ‘supports our vision to transform the Greater Carpenters Neighbourhood into a high-quality educational, commercial and residential quarter benefiting Stratford and the rest of the borough.
‘It will also act as a catalyst for further investment.’
Stratford Renaissance Partnership chair John Burton said the decision ‘demonstrates that Stratford’s regeneration is accelerating – with more than 10,000 new jobs already and many thousands more set to come with UCL Stratford and further development both in the Queen Elizabeth Olympic Park and Stratford town centre’.
He added: ‘We are seeing an astonishing transformation take place, and bringing one of the world’s top universities to Stratford will only strengthen its offer as one of the best connected and exciting development areas anywhere in Europe.’