Regeneration Project: White City East - London (GDV £500m)
Published 12 February 2015
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1. Facts about the development project
| GDV | Total Site Area | Development Type | Commencement Date | Completion Date |
|---|---|---|---|---|
| £500m | 4 Hectares (9.88 Acres) | Residential | TBC | TBC |
| Planning Status | Project Status | Development Stage | Region | Location | Jobs Created |
|---|---|---|---|---|---|
| Outline | Seeking Investment | Planning Approved | London, England | West London | 10000 Permanent Jobs |
2. Opportunity for investors
This 4 hectare (10 acre) site in White City was sold by Marks & Spencer (M&S) to be developed as part of a major regeneration project comprising of homes and extensive parklands. Working with the Mayor of London and the London Borough of Hammersmith & Fulham, White City East will provide 2,000 new homes including affordable housing, new areas of open space and public realm.
The site forms part of a wider regeneration programme within the WCOA which sets out plans for 4,500 homes and10,000 jobs in the area through projects including the completed Westfield shopping centre, the redevelopment of the BBC studios and a new Imperial College campus.
3. Detail
There has been extensive transport investment as part of the first Westfield Shopping Centre development with new rail stations on the Hammersmith & City/Circle Underground line (Wood Lane) and the West London Line (Shepherd’s Bush) on the Transport for London (TfL) Overground network.
The Berkeley Group Holdings plc (“Berkeley”) is a developer of residential-led, mixed-use schemes, with a history of creating successful, sustainable places. Berkeley builds homes and neighbourhoods in its core markets of London and the South of England where its knowledge, experience and proven track record, with over 30 years of experience in this market.
Other projects also require investment or development partners.