Construction has commenced on a significant new development project in east London that is set to revamp the area over the next few decades, with the first occupants expected to move in within four to five years. Named Legacy Village, this project will become the largest residential development in London’s history upon completion. Spanning 57 hectares on the former site of the London Psychiatric Hospital, Legacy Village will feature low, medium, and high-density residential buildings, accommodating up to 15,000 residents. Situated along Highbury Avenue from Oxford to Dundas streets, the development will also include green spaces and commercial areas.
During a ceremonial groundbreaking event for the first tower of the project, Mayor Josh Morgan emphasized the strategic location of Legacy Village, highlighting its proximity to key assets like Fanshawe College and the upcoming bus rapid transit line. The Mayor described the project as crucial for meeting the city’s housing targets, being the largest approved development currently in progress.
The first tower, expected to take four to five years to complete, will comprise 386 units across 32 stories, as announced by Old Oak Properties CEO Robert Bierbaum. With a focus on community reinvestment, Bierbaum expressed excitement about contributing to the local London area. The entire Legacy Village undertaking is projected to span around 20 years, preserving historical elements from the former hospital buildings on the site. Notable heritage-designated structures such as the Chapel of Hope, horse stable, infirmary, and recreational hall will be integrated into the neighborhood’s design, honoring the site’s historical significance.