Stratford City Development Partner bidder shortlist now down to two

London & Continental Railways (LCR) and the Olympic Delivery Authority (ODA) today announced that the shortlist of bidders to become a development partner for the £4 billion Stratford City has been reduced from three to two.

The two remaining consortia are:

• Bouygues, in a consortium with Barratt; and
• a Lend Lease-led team including East Thames Group and First Base.

LCR and ODA would like to pay tribute to the high level of commitment shown by the three consortia involved up to this point in the tender process and to commend each for their enthusiastic interest in Stratford City.

The original short-list was drawn up following strong bidding through the OJEU process for delivery of the entire Stratford City scheme outside of Zone 1 (the retail led development to the south of Stratford International). This includes the Athletes' Village for the London 2012 Games and the bulk of the scheme's legacy housing, commercial and hotel development.

The two successful consortia will now go forward to the next stage of detailed negotiation. LCR and ODA will be making a further joint statement to announce the winning bidder within the next two months.

Jones Lang LaSalle is managing the process on behalf of LCR and the ODA, in close partnership with Stratford City Developments Limited (now wholly-owned by Westfield), the developer of Zone 1.

Media Enquiries

Contact the Olympic Delivery Authority Press Office on 020 3 2012 700