It sounds as though Capco is having quite a dramatic rethink of its Earls Court masterplan, as it emerges that the firm is working with Hammersmith & Fulham Council to raise the number of residential units on the 77-acre site by some 2,500 to around 10,000.
Plans for 7,500 new homes were approved four years ago, involving the creation of four new resi-led “villages” in West London.
This current masterplan involves the demolition of the West Kensington and Gibbs Green housing estates – located in the middle of the Earls Court Opportunity Area – but now Capco has confirmed that an “enhanced masterplan” might see H&F take control of these estates, with a view to upping the affordable housing provision.
Capco issued this statement this morning: “Capco notes the recent press speculation and confirms that it remains in discussions with the London Borough of Hammersmith & Fulham to bring forward an enhanced masterplan for the Earls Court Opportunity Area.
“An enhanced masterplan would seek to deliver an increased number of homes across all tenures throughout the wider Earls Court Opportunity Area, and could involve LBHF taking the lead on future plans for the West Kensington and Gibbs Green Estates.
“In the event that an enhanced masterplan does not progress or agreement is not reached, the Conditional Land Sale Agreement ( a binding agreement in relation to the Estates) will remain in place.”