Earls Court Development Company (ECDC) has secured planning consent for the masterplan for the £10bn Earls Court development.
The planning committee of the Royal Borough of Kensington & Chelsea has passed a resolution to grant planning permission for the transformation of Central London’s largest cleared development site, which follows unanimous approval by the London Borough of Hammersmith & Fulham’s planning committee last month.
The development will comprise circa 4,000 homes, 2.5m sq ft of workspace, cultural venues, an innovation ecosystem and leisure space located within 20 acres of landscaped public realm and green space.
Rob Heasman, chief executive of ECDC, said: “Our plans will restore Earls Court as a global destination, a place for ingenuity, for the extraordinary, and for people to wonder. Projects of this scale require ambition, partnership and patience to bring forward, and our ambition has been shaped by four years of engagement, listening and working in collaboration with our community.
“I want to thank all our stakeholders for their support throughout this process, and to recognise the exceptional work of our world class team. Our focus will now turn firmly to delivery, working collectively with the public sector to secure the range of homes, jobs and public benefits which this site can deliver for London and the UK. Earls Court will be the next chapter in London’s evolving story.”
Jamie Ritblat, founder and executive chairman of Delancey, added: “This is a hugely important milestone. Earls Court will be a beacon for the capital’s future as a leading global city. It will create 23,500 jobs across the country, a new centre for the UK’s climate innovation sector, circa 4,000 new homes and benefit the UK economy by £3bn per year.
“Three new cultural venues will reinstate Earls Court as a destination people gravitate to for unparalleled performance and experiences, and the social and economic impact will be felt strongly throughout the local economies. We look forward to continuing to engage with both our local boroughs, with the mayor of London’s office and the government to ensure that these significant benefits can quickly come forward.”
Graeme Craig, director and chief executive of Places for London, said: “This is a unique project and the very definition of connected brownfield land which can deliver on the priorities of London’s future. It is a fine example of the active role that Places for London plays in helping to shape the future of our great city.
“We’re proud to have been part of bringing this masterplan to life, using TfL’s land to bring about this development. We’re already helping to train the next generation of construction workers through the training facilities created at Earls Court and now we’ll look forward to getting started on site and delivering the homes London urgently needs.”
Rafael Torres-Villalba, director European real estate for APG, said: “It is great to see the scale of our ambition being backed through the planning process; very proud of being part of this urban regeneration project in the heart of the city and building a next generation sustainable part of London, while providing annually £3bn of GVA to the UK economy.”
