The Earls Court Development Company (ECDC) has submitted a masterplan for the mixed-use redevelopment of the 40-acre Earls Court site in West London.
The 7.5m sq ft masterplan comprises circa 4,000 new homes set within 20 acres of new public open and green space, 2.5m sq ft of workspace, three new anchor cultural venues, as well as a range of fixed and pop-up venues and retail, dining and leisure spaces.
ECDC, which is responsible for the transformation of the 40-acre site on behalf of the Earls Court Partnership – a joint venture between Delancey (on behalf of its client funds), Dutch pension fund manager APG and Transport for London’s property company Places for London – has also submitted detailed plans for the first buildings within phase one.
The plans include the first commercial spaces to be delivered at the site, circa 1,500 new homes for rent and for sale in addition to specialist housing for students and later living, and the new Table Park.
Rob Heasman, chief executive of ECDC, said: “We have listened to the wealth of stories and taken huge inspiration from Earls Court’s heritage as a place that dared – to showcase, to entertain and celebrate the spectacular. A place that was so clearly cherished for being bold and brave, welcoming people from across the globe. Our plans retain that innovative spirit that embraces future thinking – an approach we believe has become more important now than ever before, an approach that continues to drive us to create a global exemplar of sustainability.
“We understand our responsibility to deliver much needed homes and employment opportunities for London, and nearly half the site will be devoted to green and open public space. Critical to achieving these aims is creating a place with personality, a place that once again becomes a destination with a broad cultural appeal and fully inclusive to all that come to experience it. That place will be Earls Court.”
Jamie Ritblat, founder and chairman of Delancey, added: “We designed this project for people and the community, creating spaces that benefit users and occupiers, and the wider corporate market. Our focus has been on delivering value – environmentally, emotionally, and economically – while keeping the future in mind. Though we can’t predict the 22nd century, we have aimed to build with longevity, crafting streets and places that will become part of London’s fabric.
“It is unique for a development of this scale and importance to put spaces first, and buildings second. Despite economic challenges, we are proud of the result and grateful for the support of our partners. We believe this project is a beacon of hope for the capital’s future as a leading global city.”
Graeme Craig, director and chief executive of Places for London, said: “We are delighted to see Earls Court Development Company reach this significant milestone in the project. This new masterplan will bring thousands of new homes, including affordable, to this well-connected part of west London, helping revitalise the area by creating a vibrant new place to visit and boosting the local economy. We’re looking forward to working closely with the development team as the masterplan progresses in the coming years.”
