|Mayor Approves Old Oak Masterplan|
Aiming to bring around 25,000 homes and 65,000 jobs to north of borough
Mayor of London Boris Johnson has approved a masterplan for West London’s Old Oak and Park Royal Development Corporation (OPDC) area.
The plan envisages the creation of 25,500 new homes and 65,000 new jobs over the coming decades.
The approval follows a public consultation carried out in spring this year.
Around 1,500 of the new homes will be built within Park Royal, which will remain a principally industrial area.
The 24,000 remaining homes will form part of a massive regeneration of the Old Oak Common area, which is currently largely industrial but is set to be transformed by the creation of an interchange between the existing rail network, Crossrail and HS2.
The Old Oak and Park Royal Development Corporation was launched by the mayor back in April to drive the planning and regeneration of the site in the boroughs of Hammersmith & Fulham, Brent and Ealing.
Old Oak and Park Royal Development Corporation Edward Lister says: " London urgently needs new homes and commercial space to meet its ever growing population and there can be no doubt that the regeneration of Old Oak represents a real opportunity to meet those needs.”
Old Oak's biggest landowner is Car Giant and in June it produced its own plans plans for 9,000 homes and employment space for 8,000 jobs on its land. You can read more about these plans here.
However, around 70% of the Old Oak site is in public ownership, through Transport for London, Network Rail and other bodies. This land is expected to be released for development over the next two years.
The OPDC is also due to consider the creation of new conservation areas in the north of Hammersmith and Fulham that would protect buildings such as the Victorian Rolls Royce works and Acava Studios, on Hythe Road.
November 9, 2015