MyCity: LONDON

OLD OAK COMMON

EARLS COURT

EUSTON OVER STATION DEVELOPMENT

OLYMPIA

The 134-year old iconic London exhibition space, Olympia, is being redeveloped into a mixed use creative and cultural hub within the capital. The new scheme will deliver a music venue with a capacity of 4,400 people, a 1,575-seat performing arts theatre and a school for creative arts. In addition, the site will hold four major exhibition halls with a 26,000 capacity, two international hotels, 2.5 acres of new public realm and 550,000 sq ft of Grade A office space.

Following its closure in 2014, the 40-acre former Earls Court Exhibition Centre in West London will be the site of up to 4,500 below net-zero homes, as well as a green technology research and development hub, delivering up to 15,000 jobs across 2.5 million sq ft of workspace. Being brought forward in a joint venture by Delancey (on behalf of its client funds and pension fund manager APG) and Transport for London, The Earls Court Development Company are currently drafting the masterplan, with a vision to “bring the wonder back to Earls Court”, including 500,000 sq ft of culture, retail, dining and leisure space. Across the site, only 40% of the land is proposed to be built on, with a significant landscaping component throughout the scheme and a public park at the centre of the masterplan.

With six high-speed rail and eight conventional rail platforms, Old Oak Common in West London is expected to be the largest new station to be built in Britain’s history. The HS2 connection will deliver links across the country, while the Elizabeth Line will provide access to central London and to the world via Heathrow Airport. This considerable strength in the transport offer will drive regeneration in the local area which will ultimately deliver up to 25,500 new homes and 65,000 jobs, driven by the Old Oak and Park Royal Development Corporation. Construction is currently underway.

Euston Station and the surrounding area (60 acres overall) is undergoing a considerable redevelopment around one of the busiest transport hubs in the UK. The sustainable mix used district will be delivered in multiple phases, with Lendlease as the Master Development Partner. It is expected to complete in the 2040s.

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MYCITY / LONDON |