CapCo to submit plans for Earls Court redevelopment
Capital & Counties today announced that its EC Properties unit is submitting planning applications for the vast £8bn redevelopment site at Earl’s Court in London. The submissions for the Earls Court and West Kensington Opportunity Area, as it is officially known, include outline applications for the 77-acre Sir Terry Farrell masterplan, plus a detailed application for CapCo’s plans to build 808 homes on its 7.5-acre Seagrave Road car park site.
The masterplan for the opportunity area has been developed by EC Properties, with Transport for London, which owns the railway lands that are part of the proposal, and the London Borough of Hammersmith & Fulham, which owns the two housing estates involved. CapCo said EC Properties was making good progress on a land agreement with the borough and that talks with TfL on a renewed lease for Earls Court and a commercial agreement on the inclusion of its lands were also progressing well.
The Financial Times notes that some residents have strongly opposed the development. It says the plans include 1.6m sq ft of office and retail space, and 23.5 acres of public open space, as well as more than 7,500 homes, and notes that the development will also create 12,000 permanent jobs in addition to those involved in the construction activity.
