THE owner of Walthamstow Stadium has released new details of its revised plans to build a housing complex at the site.

It comes after talks were held between the group - housing association London and Quadrant (L&Q) - and millionaire businessman Bob Morton over the future of the venue in Chingford Road, Chingford, yesterday (Friday January 28).

Mr Morton, backed by campaigners from Save Our Stow (SOS) wants to buy the arena from L&Q and reopen it as a dog racing venue alongside new housing.

But L&Q said after the meeting that Mr Morton's bid was still not viable and that it had no plans to sell the site.

L&Q's proposals, which include a public square, a five-storey housing block, allotments, a leisure centre and a nursery, will be displayed in detail "shortly" at a public exhibition.

In the meantime a new artist's impression (right) has also been released.

Chief executive David Montague said: "We have been consulting and have revised our plans over the last few months in response to what local people have said.

"Our new plans deliver a £50 million iconic development which preserves the heritage of the site and provides around 300 new homes, a modern leisure centre run by the community for the community, a children’s nursery and allotments, as well as over 250 jobs to meet the needs of local people.

“We will be showing our revised plans shortly at a public exhibition and we hope that local people take the opportunity to come and view them before we submit our planning application.”

No further details about the plans or the exhibition have been released.

The stadium closed as a dog racing venue in 2008 and has been empty ever since.

Click here to follow the Waltham Forest Guardian on Twitter