Lifschutz Davidson Sandilands has been named as the architect as part of the successful bid by developers Delancey and Qatari Diar to take on the 2,800-home London 2012 Olympics Athletes’ Village in Stratford after the Games
The formal announcement of the consortium’s win marks the final death knell of Wellcome Trust and PLP’s £1 billion bid to buy the entire Olympic Park which was contingent on the duo being handed the Athletes Village. The Wellcome Trust and Hutchinson Whampoa were both shortlisted to purchase the site.
The village was sold for £557 million and features 2,818 new homes with the potential to build 2,000 more.
Culture secretary Jeremy Hunt said: ‘This is a fantastic deal that will give taxpayers a great return and shows how we are securing a legacy from London’s Games.
‘The Village will be the centrepiece of a new vibrant East London community and I am confident that these experienced property investors will deliver a modern, spacious neighbourhood that will contribute hugely to the regeneration of the area including the provision of much needed new housing.’
Mohammed bin Ali Al Hedfa, group chief executive of Qatari Diar said: ‘Our commitment to the UK market and to building long-term relationships with our partners and the wider community is of paramount importance to us to ensure that we leave a positive cultural, environmental and sustainable footprint.’
Jamie Ritblat, Delancey chief executive added: ‘We are enthusiastic about working in close partnership with the ODA, OPLC, Triathlon, London Borough of Newham, and the other key stakeholders, to deliver a strong community, and a legacy which will make this and the wider Stratford story, one which we can all be proud of, not just within London but on the global stage as well.
‘This is a long-term project for us – we are looking to retain the neighbourhood and create a place where people will want to live, work and play for years to come.’
Alex Lifschutz of Lifschutz Davidson Sandilands said: ‘We are delighted to be part of the team taking the Athletes Village forward into its next stage – to help in its transition from inspirational home for the 17,000 Games Athletes to a new, open and vibrant community of London, benefiting from unrivalled connectivity throughout the city.’
The village was originally designed by Caruso St John Architects; CF Møller Architects; Denton Corker Marshall; de Rijke Marsh Morgan Architects; DSDHA; Eric Parry Architects; Lifschutz Davidson Sandilands; Glenn Howells Architects; Ian Ritchie Architects; Niall McLaughlin Architects; Panter Hudspith Architects; Penoyre & Prasad Architects; Piercy Conner Architects and Patel Taylor/BVN.
A spokesperson for the Wellcome Trust previously confirmed the bid for the 312 hectare site was entirely off and would not be revived in any modified form.