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Old Oak Common London
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Promotional material
Regeneration Project: Old OakCommon - London (GDV£10000m)
Published 23 March 2015
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Contents1. Facts about the development project
2. Opportunity for investors3. Detail
Facts about the developmentproject
GDV Total SiteArea
DevelopmentType
CommencementDate
CompletionDate
£500m 24,000homes, 9msq ftcommercialspace
Residential TBC TBC
PlanningStatus
Incentives Project Status Pre planningdesign stage
Region Location JobsCreated
Pre-planning
LocalGovernment
SeekingInvestment
Pre-Planning GreaterLondon
London 55000
1.
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part of the designated Park Royal Opportunity Area
up to 24,000 homes and 9m sq ft commercial space
55,000 jobs across the Old Oak and Park Royal regeneration
New Super Hub Station on site to combine HS2, Crossrail and proposed
London Overground stations
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Design of Old Oak Common development
Opportunity for investors2.
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Earmarked as a major mixed-use development opportunity, Old Oak
Common can provide up to 55,000 new jobs across Old Oak and Park
Royal to create a new destination in West London, serving as an extended
West End.
Investment returns can be realised through sale of development upon
completion and income derived from commercial and residential lettings.
Oak Common has the potential to absorb the increasing demand for
Central London space. An MDC has been proposed to provide a
coordination role to accelerate the pace of regeneration.
Detail
The site spans 155 hectares and is located in West London amidst the
opportunity areas of Vauxhall Nine Elms, Earls Court, White City and Park
Royal. The site has been recognised to have potential for 24,000 housing
units to be created over the next 30 years. The Mayor is proposing to set
up a new Mayoral Development Corporation to drive forward investment
and realise his vision for Old Oak and Park Royal. It is proposed that the
2.
3.
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Benefits Employing people
Services and information
How government
Departments andpolicy
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MDC would be launched in April 2015.
Other projects also require investment or development partners.
Regeneration Investment Organisation
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