Hackney and Tower Hamlets councils have begun a six-week consultation on proposed plans for the Bishopsgate Goods Yard site in East London.
The Bishopsgate Goods Yard is equivalent in size to nine and a half football pitches and will be home to the new Shoreditch High Street station on the East London line due to open in summer 2010.
Both councils and the mayor of London Boris Johnson have produced draft planning guidance for developers for the 4.7 hectare site to help shape its future.
The draft framework suggests the area could provide up to 2,000 new homes, including affordable housing, offices, business space, shops, restaurants, a health centre and other community facilities.
A new park on top of the railway arches (Braithwaite Viaduct) is suggested to complement nearby open spaces such as Allen Gardens.
Hackney council said the consultation will give Hackney residents a chance to ‘have their say on ways to transform a disused railway goods yard’.
Cllr Guy Nicholson, Hackney council cabinet member for regeneration and the 2012 Olympic and Paralympic Games, said: ‘Bishopsgate Goods Yard offers a great opportunity to develop a large disused area into a new neighbourhood with new homes, business space and with the Braithwaite Viaduct carrying a new park.
'Any new development must contribute to the surrounding area and we want to hear from local residents and businesses on what they want to see here.’
The public consultation on the draft interim planning guidance for Bishopsgate Goods Yard runs from 23 February to 6 April.