Purchase deal relieves fears over Stratford

A deal has been struck over a controversial compulsory purchase order (CPO) proposed for the £4 billion Stratford City regeneration project in east London.

The order was intended to deliver land and infrastructure for the 2012 Olympic Games. Landowner London and Continental Railways (LCR) complained that it would put its own regeneration scheme at risk (Planning, 11 November, p5).

But LCR and the London Development Agency reached an agreement this week. A revised CPO will now enable the agency to secure the land that it needs to regenerate the Lower Lea Valley, but it will not include the interests of LCR or Stratford City Development Ltd.

LCR managing director Stephen Jordan said he is "relieved" that a balanced solution has been found.

Meanwhile, sports minister Richard Caborn is seeking to amend the Olympic Bill because an ancient covenant currently forbids the siting of sports facilities near the Olympic stadium site.

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Sign up now
Already registered?
Sign in

Join the conversation with PlanningResource on social media

Follow Us:
Planning Jobs