London Mayor approves L&Q’s Walthamstow Stadium development
Oct 31 2012
London Mayor Boris Johnson has approved L&Qs' £50 million Walthamstow Stadium scheme, which will create 294 homes, a community-run sports centre, allotments and a children's nursery.
Waltham Forest Council approved the plans in May 2012, after which the scheme required the Mayor’s approval as a development of strategic importance for London.
On 30 October 2012, the Mayor issued a letter approving the plans, saying:
“I share the sadness of many about the demise of dog racing from this historic corner of London. However I believe this proposal will provide a major boost for Walthamstow, creating new jobs and new homes, many of which will be affordable and attract desperately needed new investment into the area.
“While no viable plan has been put forward to bring racing back I am pleased the new development will preserve many of the historic elements of the stadium. In addition a huge £2 million contribution has been secured from the developer which will deliver vastly improved local sports and leisure facilities for generations of East Londoners to enjoy.”
Andy Rowland, Land and Projects Director at L&Q, said:
“We are pleased that the Mayor of London has allowed our proposals for the Walthamstow Stadium site. We now look forward to beginning work as soon as we can, subject to meeting the remaining conditions in the planning process.
“We will build 294 much-needed, high quality homes for people on a range of incomes. Our scheme will bring £50m worth of investment into the borough, including £3.8 million to improve local leisure, education, health and transport facilities. This will preserve the architectural heritage of this iconic and historic site for the whole community. Our plans will also create up to 250 jobs, including many apprenticeships and training opportunities for local people.”