Stratford Eye, Newham

Work has nearly been completed on a spectacular £40 million regeneration scheme in Stratford that is helping to kick-start East London's Olympic facelift.

The centre-piece of the L&Q scheme will be a futuristic 19-storey tower called the Stratford Eye, which will house 62 state-of-the-art apartments for sale.

L&Q also plans to build 49 affordable homes for rent, 49 shared ownership homes and a new headquarters for some of our north London staff.

In an area which is likely to see a proliferation of expensive residential property in the coming years, we are keen to provide affordable social housing so that Stratford can retain its identity and not become an exclusive enclave for the wealthy.

The development, which is being built five minutes from Stratford station on the site of an old industrial building at the former Marylands Works, will be one of the first regeneration projects in East London as the capital gears up for the 2012 Olympics.

“Stratford Eye will become a key landmark
in East London and set a benchmark for
other projects in its wake."

L&Q secured planning permission from Newham Council and work got underway at the end of 2005. It is hoped the work will be completed by the end of 2007.

Simon Baxter, Principal Development Manager in L&Q’s North Thames Region, said: “We’re creating a mixed community which will reflect Newham’s vibrant diversity with permanent jobs that will help the local economy to grow."

“L&Q were committed to making this major investment in Stratford irrespective of the Olympic decision, but we’re even more excited about it now because we’ll have a front row seat from our offices as the stadiums are built."

“Stratford Eye will become a key landmark in East London and set a benchmark for other projects in its wake."
“We’re bringing at least 150 permanent jobs to Stratford, with the office relocation on top of the numerous construction jobs provided to build the scheme.”

Print page

Email to a friend