The Royal Borough of Kensington and Chelsea in London, UK, has approved property developer Capital & Counties Properties’ (Capco) £8bn plan to redevelop the Earls Court and West Kensington Opportunity Area into a new urban district.
The council’s decision follows approval from the London Borough of Hammersmith & Fulham in September 2012.
Upon completion, the new district will feature 7,500 homes, out of which 1,500 will be classed as affordable housing.
Designed by the architect Sir Terry Farrell, the scheme will comprise of 10.1 million ft² of development, including hotels, work space, education, cultural and community facilities, as well as a new five-acre park for London.
As part of the 20-year redevelopment of the site, exhibition centres Earls Court One and Earls Court Two will be demolished to make way for the new development.
Royal Borough of Kensington and Chelsea councillor Paul Warrick said that redeveloping Earl’s Court will provide housing and facilities for other uses.
"On both sides of the border we hope that the granting of this planning application will make Earl’s Court a more desirable place to live with less congestion and more opportunity for work, commerce and leisure," Warrick said.
The Greater London Authority is also considering a stage two report to review the planning application approved by both councils.
The Earls Court Masterplan is based on the concept of ‘Four Urban Villages and a 21st Century High Street’, which features garden squares, mansion blocks and open spaces.
Image: Earls Court exhibition centre will be demolished as part of the development. Photo: Fernandopascullo.