Construction has commenced on a significant new development project in east London that is set to redefine the area over the next few decades, with the first residents expected to move in within the next four to five years. Known as Legacy Village, this project is poised to become London’s largest residential development upon completion, accommodating up to 15,000 residents in a mix of low, medium, and high-density buildings across a 57-hectare expanse on the former London Psychiatric Hospital grounds.
Spanning from Oxford to Dundas streets along Highbury Avenue, the site will not only feature residential buildings but also include green spaces and commercial areas. Mayor Josh Morgan expressed enthusiasm for the project during a groundbreaking ceremony for the inaugural tower, highlighting its strategic location near Fanshawe College and the ongoing construction of the bus rapid transit line.
The development’s first tower, expected to be finalized in four to five years, will consist of 386 units spread across 32 stories, as confirmed by Old Oak Properties CEO Robert Bierbaum. With a completion timeline of approximately 20 years, the entire Legacy Village initiative aims to integrate historical elements from the former hospital structures, such as the Chapel of Hope, horse stable, infirmary, and recreational hall, which hold heritage significance and will be incorporated into the neighborhood’s design.