Revised west London scheme for 4,500 homes will include 35% affordable housing
The joint venture redeveloping 40 acres in Earls Court has revealed the masterplan for the site, which includes 4,500 new homes.
As well as the homes, of which 35% will be affordable, the JV between Delancey and Transport for London is proposing a new park larger than Trafalgar Square, and a variety of new performance and community venues.
Rob Heasman, chief executive of the Earls Court Development Company (ECDC), said the idea was to “help to create a more inclusive and equitable piece of city with homes for all incomes and stages of life”.
“Like a London jigsaw missing its final piece, this 40-acre site is perhaps Central London’s most significant redevelopment opportunity,” he said.
“We want to create a place which reinstates ‘wonder’ in this incredible part of London.”
The ECDC said it thinks the redevelopment will pump £1.2bn into the UK’s economy and £100m of annual spend into the local economy.
It also wants to include the first large scale zero-carbon energy sharing network with the development, and create 15,000 jobs by becoming a research and development hub for green tech.
The masterplan was created after two years of consultation with local communities and stakeholders, and is expected to evolve over the course of this year. The ECDC wants to submit a planning application by the end of the year with the first phase of development of 1,300 homes starting in 2024. The new masterplan replaces the controversial original plans for the site by former developer of the site Capco, which had proposed 7,500 homes in the area.
The first homes for the Earls Court development were given approval in 2021.
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