The property world's big annual meet in Cannes begins tomorrow and you can expect some significant announcements about developments at the Olympics site.
Very quickly, don't expect an announcement on the preferred site for Newham's large casino. The council's licensing committee was unable to reach agreement on Friday and an announcement is not expected for several days at the least.
Back to MIPIM and the two obvious announcements to look out for are today's unveiling of the "International Quarter", a 4m sq ft office campus next to Stratford International (of which more below).
Tomorrow, the Olympic Park Legacy Company and Boris Johnson will unveil the "first development and investment opportunities" at the Olympic Park. That will be worth tuning in for certainly.
With regards to Lend Lease and London & Continental Railways' massive office plans (pictured above) I have written a bit about the details below.
It's a lot of space and the partners will need to be in for the very long-term to see it fully built no doubt.
That said, there are plenty in the market who think that in the long-term, the location next to the well-connected Stratford International, as well as the Olympic Park and Stratford City, means it is well placed to be London's next major office destination.
Just now there a few areas looking to be just that - London Bridge, King's Cross, Waterloo and Greenwich Peninsula spring to mind - with not that many potential occupiers out there.
There will be fierce competition for two requirements that I can readily think of, and whichever location is successful will have a major headstart on its rivals.
Firstly, it emerged in Estates Gazette this weekend that Google is searching for a 400,000 sq ft London complex. Secondly, the Government Property Unit is bound to consolidate some departmental space out of Whitehall to cheaper Greater London space.
Anyway here is the story:
Lend Lease and London & Continental Railways will today launch The International Quarter, 4m sq ft office campus at Stratford City in east London's Olympics zone, at the MIPIM property fair in Cannes.
The International Quarter will comprise 4m sq ft of offices within a 22 acre site in addition to convenience retail, 350 homes, 1.2ha of civic and open space, hotels and childcare facilities.
David Joy, development and property director of LCR said: "The International Quarter will be a unique commercial offer. The combination of flexibility and space available, together with the unrivalled connectivity and surrounding world-class facilities, make it a fantastic place to work, play or stay."
Dan Labbad, chief executive officer of Lend Lease, Europe Middle East and Africa said: "The International Quarter builds on our existing work at Stratford City with the Athletes Village and Chobham Academy showcasing our capability in integrated real estate delivery. These developments will collectively leave a lasting positive legacy for East London and beyond."
The International Quarter will adjacent to the 500-acre Queen Elizabeth Olympic Park and Westfield's Stratford City shopping centre.
The partners said that "uniquely for developments of this size, all the key infrastructure and facilities will be in place when the first office workers move in".
Site works commence in early 2013 with the first occupancy proposed for late 2014.
The campus will create in excess of 15,000 jobs.
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