Plans to redevelop the Earls Court and West Kensington Opportunity Area into an exciting new urban district containing more than 7,500 new homes and 12,000 new jobs have been approved by the London Borough of Hammersmith & Fulham (LBHF).
Capital & Counties Properties PLC (Capco) welcomes the decision by the Council's planning committee to resolve to grant outline planning permission to turn the Earls Court and West Kensington Opportunity Area ("ECOA") into a vibrant, new urban district.
Sir Terry Farrell's Masterplan is based on the concept of 'Four Urban Villages and a 21st Century High Street' and is inspired by the best of London including garden squares, mansion blocks and open space.
The scheme will comprise of 10.1 million ft² (approx. 938,290 m²) of development including homes, around 1,500 of which will be affordable, offices, hotels, work space, education, cultural and community facilities, as well as a new five acre park for London.
Ian Hawksworth, Chief Executive of Capco said:
"We are pleased by the Council's decision to pass the resolution to grant outline planning consent for the Earls Court Masterplan. The proposed scheme will offer a multi-billion pound investment in both London and the local community creating thousands of new homes and jobs."
The Earls Court & West Kensington Opportunity Area stretches across two boroughs, LBHF and the Royal Borough of Kensington & Chelsea (RBKC). A decision on the outline planning application from RBKC is expected in the coming months. Planning consent for the Seagrave Road site was granted in February by LBHF and will create 808 new homes, 200 of which will be affordable, as well as a new garden square for London.
Source: Capital & Counties