ADD2359 Procurement Advice – GLA and LLDC

LLDC is responsible for building on the success of the London 2012 Games and the creation of Queen Elizabeth Olympic Park to develop a dynamic new heart for east London, creating opportunities for local people and driving innovation and growth in London and the UK. LLDC has a portfolio of land assets within its control, which it is seeking to bring forward to support this objective.

Two key assets in its portfolio are Stratford Waterfront and Pudding Mill Lane. Stratford Waterfront forms part of the Cultural and Education District which will bring together world class education and cultural organisations, including University College London, University of the Arts London's London College of Fashion, Victoria and Albert Museum and Sadler's Wells. The project is expected to deliver 3,000 jobs, 1.5 million additional visitors to the Park and an estimated £2.8 billion of economic value to Stratford and the surrounding area. The site will also deliver approximately 600 homes.

Puddling Mill Lane will be a new residential led-neighbourhood and local centre focused around Pudding Mill Lane DLR Station. In light of proposals for the Cultural and Education District and the wider LLDC area, the opportunity has been taken to revisit the Pudding Mill masterplan to ensure that it appropriately responds to its changing context, as well as contributing towards meeting local housing need.

GLA is working with LLDC to explore options for procuring development partners for the residential elements of these two sites with a view to bringing them to the market later this year.

GLA requires external legal advice in reviewing the procurement options. Expenditure of £15,000 is requested to enable this. Herbert Smith Freehills will provide the legal advice to GLA.

This decision is not expected to have a negative impact on those with protected characteristics (age, disability, gender reassignment, pregnancy and maternity, race, gender, religion or belief, sexual orientation).

This decision requests approval to spend £15,000 on external legal advice as detailed above. This expenditure will be funded from the Housing and Land Management and Consultancy budget.