Mayor seeks development partners for Newham residential scheme

13th March 2015

London Mayor Boris Johnson has put out feelers for a development partner for the 10 hectare former Parcelforce depot at Stephenson Street in Newham – with the aim of delivering 2,000 new homes, two-thirds of which will be placed on the market, with the remainder reserved for long-term private rent. Mr Johnson said "With London now home to more people than ever before, housing supply and affordability is our biggest challenge. By seeking a development partner for the Stephenson Street site we hope to entice investors and developers to come forward and build quality homes for Londoners”.

Construction Enquirer (11/03/15)