Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to the newest version of your browser.

Your browser appears to have cookies disabled. For the best experience of Construction News, please enable cookies in your browser.

Welcome to the Construction News site. As we have relaunched, you will have to sign in once now and agree for us to use cookies, so you won't need to log in each time you visit our site.
Learn more

ODA unveils village shortlist

Three investors have been shortlisted in the race to take on the Olympic Village.

A JV between Shard developer Qatari Diar and Delancey made the list, together with Hutchinson Whampoa and the Welcome Trust.

The rival bids are vying for the chance to take on the Olympic Delivery Authority’s stake in the 2,812 home development.

Triathlon Homes has already purchased 1,379 of the units which will become affordable housing.

But the remaining 1,439 private homes are up for grabs, along with six as yet undeveloped plots with the potential for a further 2,000 new homes.

The Village will also include new education and healthcare facilities, parklands, public squares and open space.

ODA chief executive Dennis Hone said: “The quality of the three shortlisted parties is a vote of confidence in the Olympic Village, demonstrating both UK and international interest in first-class British property.

“The village will deliver the best of city living all in one place with high-quality new homes joined by education and healthcare facilities, new parklands, public squares and open space. Securing best value and the best legacy owner for the village will be key.’

The three shortlisted organisations have now been selected to submit best and final offers.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.