The proposal is one of a number of measures which the London Chamber of Commerce and Industry says Boris Johnson’s successor must implement to meet the capital’s growing housing crisis.
In a survey carried out for the organisation last year, almost half of business leaders identified a lack of homes as one of the top three barriers to London’s competitiveness.
In order to ensure sufficient homes are built, the LCCI wants City Hall’s new occupant and councils to target smaller parcels of brownfield identified by the London Land Commission to enable smaller developers to contribute to the annual housebuilding target.
In addition, the LCCI says the new mayor must work with local councils “to ensure sufficient numbers of homes to rent are included within new developments.”
The organisation is also calling for commitments to boost airport capacity, a review of public transport fares and the progression of the proposed Crossrail 2 link.
Chief Executive Colin Stanbridge said: “The election of a new the Mayor on May 5 comes as London is forecast to reach a population of 9 million by 2020 and achieve ‘megacity’ status by 2030 with over 10 million citizens.
“The four-year period of the new mayoralty must see important decisions taken around housing, transport and infrastructure to prepare for the London of tomorrow.”
