CapCo submits plans for Earls Court regeneration

Multi-billlion pound development will create new residential, leisure, retail & office space in West London

Article posted: 01 Jul 2011

EC Properties, a wholly-owned subsidiary of Capital & Counties Properties, has submitted plans for the regeneration of 13.3m sq ft of developable space in the Earls Court & West Kensington Opportunity Area.

The planning applications include outline applications for the 77 acre Sir Terry Farrell Masterplan, plus a detailed application for the 7.5 acre Seagrave Road car park site.

The scheme will represent a multi-billion pound investment in London, and the project has a total estimated value of £8bn. More than 7,500 new homes and 12,000 new jobs will be created by the Masterplan which together with Seagrave Road involves 11.4m square feet of development. In addition to the new homes, the Masterplan includes new office space in Earls Court, leisure, hotel and retail space, as well as a new primary school, library, an integrated health centre and 23.5 acres of public open space including the 5 acre ‘Lost River Park’.

At present the Opportunity Area, which is identified in the Mayor’s London Plan, principally includes the Earls Court Exhibition Centres, owned by EC Properties; railway lands, largely owned by Transport for London; and the West Kensington and Gibbs Green housing estates, owned by the London Borough of Hammersmith & Fulham. The Masterplan has been developed by EC Properties on behalf of the three landowners.

Sir Terry Farrell, Founder of Terry Farrell & Partners, said: “We have developed a Masterplan that draws inspiration from the surrounding communities to create ‘Four Villages and a 21st Century High Street’ which will bring new homes, health & education facilities, as well as remarkable new open space to London.”

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Posted by Ingrid