£1b White City Scheme Creates Abundance of Managed Offices in London
A new £1 billion regeneration scheme in White City has received planning permission. The Westfield scheme will take 15 years to complete and will create more than 500 sq m of managed offices in London.
Westfield has announced that it has received planning permission for a £1 billion regeneration scheme in White City.
The scheme involves extending the current shopping centre on Wood Lane and building more than 500 sq m of managed offices in London. In addition to office space and 52,000 sq m of retail space, the regeneration scheme will also bring 1,500 new homes to the area as well as a host of restaurants.
The new homes will be delivered across three separate blocks which will range between three and 12 floors and will include up to 250 affordable units. Altogether the scheme will take between 15 and 17 years to complete and will create more than 6,500 new jobs.
Hammersmith and Fulham council approved the scheme earlier this week. The council’s cabinet member for community engagement Harry Phibbs said the scheme reflected the council’s values for the future: “This development is bringing positive change, improvements and jobs to an area that needs revitalising. It fits in with our vision that [the borough] should be a borough of opportunity for all and this will be a welcome boost to the local economy and community.“
Following the council’s approval, the scheme to create these managed offices in London will still need be given the green light by the London Mayor and Secretary of State before construction can begin in 2014. Due to total around 2 million ft, plans also include the development of green spaces and a leisure complex.
Commenting on the development of managed offices in London, Westfield’s director of development and asset management Duncan Bower said: “We believe our plans represent an exciting new chapter for the area and will continue the regeneration of the area that is already under way.“