Developers are bidding for an extra 512 homes on the Greenwich Peninsula, London, as work begins on the site.

Developers Lend Lease and Quintain Estates and Development PLC, in partnership with the national regeneration agency English Partnership, have made the application to build two blocks of housing. Greenwich Council will make a decision on the proposal later this month.

The first plot faces west across Central Park and will contain 207 homes, 83 of which will be designated affordable housing. The second block is a 23-storey building on the riverside, adjacent to a building that has been pre-let to Transport for London. Of the 305 apartments in the block 92 will be for affordable rent.

Work on the £5bn regeneration of 190 acres of Greenwich Peninsula site will take place over the next 15 years. The proposed development will include 10,000 new homes, 150 new shops and restaurants,1.6 miles of river frontage and 48 acres of open spaces and parks.