Construction begins for major new neighbourhood in east London
CBC
The first residents won't move in for another four or five years, but construction has begun on a major new development in east London, one that will transform that part of the city in the next few decades.
The project, named Legacy Village, will be the largest residential development in London's history when it's finished. Eventually, up to 15,000 people will live in a low, medium, and high-density buildings spread over 57 hectares on the grounds of the former London Psychiatric Hospital.
The site runs along Highbury Avenue from Oxford to Dundas streets and will also include parks and commercial space.
"It's going to be a great place to live in the city and it will be right beside incredible assets like Fanshawe College and the bus rapid transit line, which is being constructed," Mayor Josh Morgan said at a ceremonial groundbreaking for the development's first tower on Wednesday.
"This is one of the most critical projects for us to meet our housing targets. It's the largest project that we have that's been approved and is coming to fruition."
The first tower will take four or five years to complete and will hold 386 units, said Old Oak Properties CEO Robert Bierbaum.
"It's going to be 32 stories tall," he said. "We're a third-generation local developer so it's very exciting to continue to re-invest in the London community that is our home."
The entire Legacy Village project will take about 20 years to complete and will incorporate some of the historical features from the historic hospital buildings left at the site.
The Chapel of Hope, the horse stable, infirmary and recreational hall are heritage-designated and will be used within the design of the neighbourhood.
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