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Olympic city shortlist revealed

The contest to build London's Olympic city, including the 2012 Athlete's Village, became a three horse race yesterday.
Three consortia, led by Bouyges, Lend Lease and the Royal Bank of Scotland (RBS) made the shortlist for the £4bn project drawn up by Stratford City site owner London and Continental Railways (LCR).The successful bidder will be appointed in the autumn and join Australian shopping mall firm Westfield as part of Stratford City Developments (SCDL).Westfield held on to its contract to develop the 69ha brownfield site after agreeing to team up with a firm possessing greater experience in building residential properties (NCE 15 June).Bouyges' consortium includes Barratt Homes, Lend Lease are working with East Thames Group, First Base and Crosby Homes, and RBS's team includes Bellway Homes, Gladedale and Kier.Work on the site, a mixture of commercial and residential real estate that will also include an Olympic sponsors' area, is set to begin summer 2007.The first phase of development will be centred on the area surrounding Stratford International CTRL station.Olympic Delivery Authority chief executive David Higgins said: 'Today's announcement of a shortlist of such capable candidates is good news for East London and for the Olympics. We are working together with our partners at LCR and with SCDL to ensure we remain on schedule to deliver these vital Olympics facilities. 'Stratford City will be a power for positive change, bringing improved job opportunities, homes and making the most of the greatly improved transport links now under construction.'

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