The masterplan for the project, which will be a joint development between Lend Lease and London & Continental Railways (LCR), proposes a four million square feet office-led scheme called 'The International Quarter'.
The development will include a new hotel and 350 new homes which will be set within a 22 acre site, of which 3 acres will be made available for civic and open space, Lend Lease said.
The developers are now going to begin pre-letting the scheme, with construction scheduled to start in spring 2013. The 2013 start date is due to tie in with the handover from the ODA, for post-2012 Olympic Games legacy work to commence, the developer said.
The International Quarter has received over £10bn of investment to date. It will include Europe's biggest urban shopping centre, with 1.9 million sq ft of retail and leisure space and will have The Queen Elizabeth Olympic Park in its vicinity, the developer said.
"The International Quarter will offer unrivalled connectivity for employees, business partners, customers and residents with St Pancras International and Liverpool Street less than ten minutes away from Stratford and all of London’s major transport hubs within a 35 minute journey," LCR said.
It is expected that the first occupancy will be taken up in late 2014 and completion of the development is scheduled for 2028.
