Places for London has selected Ballymore as the joint venture partner to take forward plans for development at Limmo Peninsula in east London.

Plans for the Peninsula will see around 1,400 homes built, with 40% of these projected set to be affordable

The land at the Limmo Peninsula, close to Canning Town Tube station, was previously used for the construction of the Elizabeth line – providing space for tunnelling machines to be lowered to dig the tunnels that now connect services from Reading, Shenfield, Heathrow and Abbey Wood.

Places for London – Transport for London’s property company - intends to work in partnership with Ballymore to transform the five hectares of brownfield land within the Royal Docks and Beckton Riverside Opportunity Area into a new neighbourhood for London.

The new neighbourhood will be well connected with Canning Town station, which is served by Tube, Docklands Light Railway and Elizabeth line and bus services, a short walk away.

Development will also see a new bridge from the Limmo Peninsula to Canning Town, as well as the construction of new publicly accessible green open space and a new river walkway to link Canning Town underground station to Thameside West to the south.

Central London will be within half an hour of the development plus the site is close to new cycling routes across the Royal Docks, including Cycleway 3 and the Thames Path.

The joint venture will also provide the opportunity for Ballymore to develop additional sites across east London

Ben Tate, head of property development at Places for London, said: “We are delighted to have reached this stage in the process for the Limmo Peninsula, bringing us a step closer to bringing this new development in the heart of east London to life.

“Ballymore shares our dedication to providing great homes for Londoners, helping to ease the housing crisis and build the homes London urgently needs.

“The Limmo Peninsula development will be one of our most ambitious developments to date, showing how we can work with the private sector to benefit from the unique opportunities that our estate provides, and helps, us as part of TfL, to support London’s continued growth.

“We’re looking forward to creating a thriving and inclusive new residential neighbourhood, that is safe and child friendly, with excellent transport and active travel connections.”

John Mulryan, group managing director at Ballymore, added: “We have deep roots in Newham and are truly delighted to be partnering once again with Places for London. This partnership is in line with our ambition to partner with landowners across London to deliver new neighbourhoods and communities at scale.

“Newham is a fast growing, diverse borough – and it’s hugely important that the vision for this site reflects that character. Limmo Peninsula will be a dynamic neighbourhood – where its community can thrive. We’re looking forward to collaborating closely with local residents and businesses to create opportunity, connections, and a thoughtfully designed, sustainable neighbourhood.”