Too few homes are being built in the London boroughs that hosted the 2012 Olympic Games to meet a legacy target, a report has revealed
The study from the London Assembly Regeneration Committee warned that just 3,200 affordable homes had been recorded as built since 2015, against a target of 24,530 in the five years to 2020.
Looking at all housing, just 5,500 units had been delivered, leaving much work to do to hit a 2020 target of 61,335.
The report looked in detail at work towards the 2010 vision of ‘convergence’ – whereby the six host boroughs would provide the same social and economic opportunities as the rest of London by 2030.
It showed London was at risk of falling short of many intermediary targets set for 2020.
Other areas where the trajectory was short of that needed to meet convergence targets included mortality rates, unemployment, life expectancy and child obesity.
The report urged London mayor Sadiq Khan to commit to convergence in his forthcoming London Plan and called on him to commission research on why convergence was not happening as quickly as hoped.
‘The commitment made in London’s bid to secure a regenerative legacy for the Games needs to be seen past every hurdle and to the finish line,’ said the report.
‘So many other host cities have fallen short but, with renewed momentum, London could lead the world in demonstrating the power of the Olympic and Paralympic Games to transform communities for the better.’
The mayor’s office pointed to figures released last month showing the number of jobs created in the host boroughs – Barking & Dagenham, Greenwich, Hackney, Newham, Tower Hamlets and Waltham Forest – was more than three times the pace of growth expected in 2013.
PRP’s Chobham Manor housing - second phase [December 2014]