Oaklands - Old Oak Common
Last updated - 2 November 2017
Old Oak and Park Royal in west London is home to the UK’s largest regeneration scheme.
The second Mayoral Development Corporation has been created to oversee the development of 650 hectares of land which will see West London transformed in a way similar to that of the Olympic Park in East London. It is a major regeneration opportunity that will create 25,500 new homes and 65,000 new jobs over the next 30-40 years.
We hope to be part of that and to remain a key developer in the area for the foreseeable future.
The Oaklands scheme will provide:
- 605 new homes, 242 (40%) of which will be affordable. This will be a combination of social rent housing, affordable rent and shared ownership.
- The remaining private rental homes will be one, two and three bedroom apartments that will suit different needs and budgets. All homes will remain in the ownership of QPR and Genesis.
- 3,000 m2 of office and commercial space to accommodate small and local businesses.
- A new nursery and health facility.
- Communal space for the new residents through extensively landscaped public areas to provide an attractive environment and setting for the development.
The site, previously a hostel, was unoccupied for over ten years. The plans will rejuvenate this area into a vibrant new neighbourhood. The scheme will provide the beginning of a new link road that will open much of the wider area to regeneration.
Demolition has now started with construction due to commence later in 2017. The scheme is anticipated to be completed in 2020.
For more information contact: Genesis.email@example.com