Quintain Estates and Lend Lease have selected Bellway Homes to build the first residential apartments at the £5bn Greenwich Peninsula regeneration project

Bellway Homes has agreed to develop 229 riverside apartments on the southern part of the site. These homes represent the first residential phase in the 15-year development plan to transform around 198acres (80ha) of brownfield land close to Greenwich Millennium Village and the Dome.

A mix of private and affordable apartments has been proposed, including two storey

duplexes targeting families. Subject to reserved matters planning consent, Bellway expect to begin construction on site next year with residents moving in during 2009.

Nick Shattock, speaking on behalf of Meridian Delta, the joint venture between Quintain and Lend Lease, said: ‘The first land sale is a significant stepping stone in the country’s largest ever planning consent. This land sale launches the southern part of the site, with the O2 nearing completion in the north for summer 2007, along with Peninsula Square. We will now focus on accelerating our plans for other elements of the scheme, particularly to the north-west, which is predominantly Quintain-owned.’