Plans approved for £175M Old Oak regeneration project

WCN Editorial Team 18 Jul 2016 EUROPE BUILDINGS

Genesis Housing Association and Queens Park Rangers Football Club (QPR) have received planning consent from the Old Oak and Park Royal Development Corporation (OPDC) for a £175M mixed-use regeneration project in Hammersmith & Fulham.

The development, named Oaklands, will include 605 new homes, 40% of which will be part of the ‘affordable’ scheme, a 4,000sq m creative hub and a link road into Old Oak.

The Oaklands site is located on the western part of the Old Oak regeneration area, south of the Grand Union Canal.

Over the next 30 to 40 years, up to 25,500 new homes and 65,000 new jobs are expected to be created at Old Oak and Park Royal — set to be the key transport interchange for Crossrail and HS2.

Genesis Housing Association CEO Neil Hadden said: "We are delighted to be part of the redevelopment of Old Oak, one of Hammersmith and Fulham’s most important regeneration sites at which so many new homes will be built, of which 240 will be affordable.

"We are committed to the future regeneration of Old Oak and partnerships such as the one we have with QPR will enable us to invest, not only in building new homes, but in developing new communities."

The project is now going to the Mayor of London for a final review. Construction work is set to begin in this financial year and is expected to take three years to be fully complete.

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