Architect Terry Farrell unveils his vision for a forgotten 99-acre industrial site three miles from Oxford Circus that will transform west London, reports David Spittles
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| Link to Evening Standard |
"Tube and train upgrades provide the single biggest boost to property
prices, catapulting a district from dire to desirable in five years and
doubling house values. Homes in the revitalised King’s Cross/St Pancras area, now Europe’s busiest transport hub, have done just that since 2007.
"So
where should home buyers be looking now? One answer lies in grandly
named Park Royal City, in a plan unveiled this week by architect and
London master planner Sir Terry Farrell. It refers to 99-acre Old Oak Common, bigger than the whole of the Royal Docks in east London, and known for not very much except its railway depots.
"Once a green expanse, it lies north of Wormwood Scrubs and the Westway but only three miles from Oxford Circus.
"Insiders are already scouting this hidden district of north-west London where a
giant transport interchange is planned that will link with Crossrail and
HS2, the proposed 'electric spine' between London and the North, a
project given momentum by the Government’s £9.4 billion package of rail
infrastructure investment announced last month. [The 'electric spine' is elecrification of existing rail lines, and has nothing to do with HS2.]
"Much of the land
is owned by public sector bodies and is disused. Hammersmith and Fulham
council believes regeneration will have a huge impact on surrounding
areas such as Acton and Harlesden, and the ripple will spread to
Shepherd’s Bush and White City, north Kensington and Chiswick."
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