Cheers, that good to see there is what appears to be an attempt to develop the site. I’m always weary on property deals bad it’s just a bear pit of Uber cunts.Yeah Earl’s Court hasn’t been there for ages. I drive past it virtually every month and there’s been now sign of development at all until recently when moves to start have begun. I’m not sure the current owners would sell though. I think they’ve rebuffed a few bids over the years and are pretty determined to build there but are having problems with the council but as usual these things usually get ironed out. Plus with the absolute need for housing in London I suspect the government would step in if the site was sold to a football club rather than providing thousands of new homes.
Earls Court developer butts heads with council over affordable homes
Proposals to regenerate the 40-acre Earls Court site have come under fire from Labour-run Hammersmith and Fulham Council for failing to meet their affordable homes target, sparking a potential major planning row.www.propertyweek.com
Last week, the Earls Court Development Company, a joint venture between Delancey, APG and Transport for London, unveiled plans to create a 7.35m sq ft, mixed-use site including 4,500 homes (pictured), 35% of which would be affordable.
But the council said the scheme fails to meet its 50% affordable homes target set out in its Local Plan, a target that would create an extra 675 affordable homes if met by the Earls Court scheme.
A council spokesperson said there was “much we like about ECDC’s approach and many of their ideas” but added: “All successful developments in Hammersmith and Fulham will have a minimum of 50% genuinely affordable homes and we look forward to helping them deliver that.”
Plus they bought a huge site next door to unlock it only in November so don’t sound like someone who wants to sell up.
Delancey and TfL buy 15-acre depot to reboot Earls Court masterplan
Earls Court Partnership, a joint venture between Delancey and Transport for London (TfL), has completed the acquisition of the Lillie Bridge Depot and surrounding 15-acre site, unlocking major development at the west London brownfield site.www.propertyweek.com
Earls Court Partnership, a joint venture between Delancey and Transport for London (TfL), has completed the acquisition of the Lillie Bridge Depot and surrounding 15-acre site, unlocking major development at the west London brownfield site.
The key land purchase paves the way for a fresh masterplan to be drawn up for a now 40-acre brownfield site at Earl’s Court, expected to contain plans for 4,500 homes alongside other assets.
As part of the deal, the Lillie Bridge Depot has been leased back to TfL on a peppercorn rent and will continue to be operated by the London transport body while it assesses if, and how, the depot will be relocated.
The Earls Court Partnership said the Lillie Bridge Depot would be a key later phase of the masterplan being brought forward by the Earls Court Development Company (ECDC), which started consultation in 2021.
But reading that does put some weight to the problems they face, which is nice.