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Nine shortlisted for Athletes Village legacy role

Nine private sector organisations have been shortlisted for the purchase and long-term management of the Olympic Village.

The Village, which lies adjacent to the Olympic Park, will deliver the legacy of 2,818 new homes for east London after the Games. Of these, 1,379 have been purchased by Triathlon Homes to become legacy affordable housing.

The Olympic Delivery Autority owns the remaining 1,439 homes, which will become private housing after the Games, together with six future development plots in the Village site with the potential for up to 2,500 more homes.

The shortlist of private sector organisations and consortia that will now be invited to submit detailed proposals for the Village are:

  • Delancey & Qatari Diar
  • Dorrington & Pinnacle Capital
  • Galliard Homes
  • Grainger plc & Moorfield Group
  • Hutchison Whampoa Limited
  • Le Frak Organization, Aviva plc & J.P. Morgan
  • London & Stamford Property plc, David Wilson & Sir Robert McAlpine
  • Wellcome Trust
  • The William Pears Group & Urban Splash

ODA chief executive David Higgins said: “The quality of this shortlist is a vote of confidence in the quality of the Olympic Village. Securing a shortlist with many of the leading property investors and managers both in the UK and around the world takes us an important step towards ensuring the Village becomes one of the strongest legacies from the Games.”

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