Helping to increase housing supply in London

 

16 August 2018

Optivo is pleased to have been chosen as one of 29 developers to sit on the new London Development Panel, known as LDP2.

The Mayor of London is working closely with public land owners to identify surplus sites and bring them forward for development.

The aim is to boost the supply of housing in London by making it faster and cheaper for public land owners to bring forward land for housing-led development.

The EU compliant Panel will facilitate and support the process.

The ‘one-stop’ route will enable public landowners to award individual contracts without going through a full, time consuming and expensive procurement process.

Neill Tickle, Land and New Business Director at Optivo, said: “We're delighted to be part of the LDP2.

“The Mayor has set out a wide range of policies to significantly increase the supply of housing in the capital and Optivo are determined to help meet his aspirations.

The release of surplus, publicly-owned land for residential development has a key role to play in meeting London’s housing need as well as our own growth plans.

The hope is that a number of public bodies use the framework to dispose of land they no longer require. For Optivo, the Framework provides the chance to secure a regular source of land via a straightforward procurement method.’’


Optivo worked with a great project team on the LDP2 bid including Lyndon Goode Architects, Baily Garner, CMA Planning and Altair.