The London Borough of Hammersmith & Fulham (LBHF) has passed a resolution to grant outline planning permission for the redevelopment of parts of Earls Court in west London.
The so-called Earls Court Masterplan will comprise 10.1m square feet of development, including homes (around 1,500 of which will be affordable housing units), offices, hotels, work space, education, cultural and community facilities, as well as a new five acre park for London.
The news was welcomed by property company Capital & Counties (Capco), which holds a stake in the development, along with Transport for London and the LBHF.
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"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," said Ian Hawksworth, Chief Executive of Capco.
It is not quite all systems go for the project, yet, however, as the development sprawls across two boroughs, and the Royal Borough of Kensington & Chelsea (RBKC) has yet to make a decision on the outline planning application. RBKC is expected to make its pronouncement in the coming months.
Capco already has planning consent for the 7.5 acre Seagrave Road site in the LBHF, where the plan is to build 808 homes around a public garden square on the site of what is currently a car park.
These homes will constitute the major residential component of West Brompton Village. Capco has a conditional agreement with the Kwok Family Interests to form a 50/50 joint venture to develop the scheme.
JH
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