X
X
Where did you hear about us?
The monthly magazine providing news analysis and professional research for the discerning private investor/landlord

1,500 homes proposed for East London TfL site

Plans have been unveiled by the Mayor of London to transform the Limmo Peninsula in East London into a new neighbourhood with 1,500 homes.

The Elizabeth Line tunnelling site owned by Transport for London (TfL) is in need of a development partner to unlock its potential.
Val Shawcross, Deputy Mayor for Transport, said: “I am pleased that TfL is now bringing this site forward for development. With the Elizabeth Line opening soon, there is no doubt that regenerating the Limmo Peninsula for new housing is the best possible outcome.”

It is proposed that 600 of the homes (40%) of the homes built on the 12.3 acre site will be genuinely affordable.

Limmo Peninsula is located near Canning Town Tube station, which is served by the Jubilee line and DLR, and forms a key part of the Canning Town and Custom House regeneration area. The development will be residential-led, creating a new neighbourhood set in an attractive location next to the River Lea.

Graeme Craig, Director of Commercial Development at TfL, said: “This is the biggest site yet that we’ve released to our Property Partnership Framework and is a great example of a high-density development enabled by excellent transport links. Limmo Peninsula will make a significant contribution to meeting London’s demand for more affordable homes. It’s hugely exciting to be supporting growth in this area of east London and the development will secure vital long-term income that we can reinvest in the transport network.”

If you want to read more news subscribe

subscribe