Newham Council’s wholly owned housing delivery company Populo Living has submitted its outline masterplan for its £1bn regeneration scheme in Stratford, east London.

If approved by the London Legacy Development Corporation (LLDC) planning authority, the project will deliver 2,152 new homes — 50% of which will be available for social rent — on a 23-acre site owned by Newham Council. In addition, 44% of the existing homes on the estate (314 properties) will be refurbished to high green economy standards.

The masterplan also includes new buildings for the Building Crafts College, improvements to the Carpenters Primary School and focus on improved access into Stratford Station and the Olympic Park. Two existing tower blocks, James Riley Point and Lund Point will be retained and refurbished to high standards of sustainability.

The project is designed to have a large neighbourhood park in the centre, surrounded by lower-rise apartment buildings, houses and maisonettes served by mews streets and communal courtyards.

Newham’s mayor Rokhsana Fiaz said: “After decades of waiting and being left behind, residents can finally take comfort that they have a council that is forging ahead to deliver on the promises I made to deliver much-needed homes they can afford.”