Mayor of London launches consultation on plans for new Mayoral Development Corporation to lead massive regeneration
Boris Johnson has launched a consultation on plans for the mayor of London to be given overall responsibility for major regeneration plans at Old Oak Common and Park Royal, which are linked to the development of a new Crossrail and HS2 station.
Johnson recently outlined proposals to transform the area with the development of up to 24,000 new homes on 950 hectares of industrial land at Old Oak Common and Park Royal in West London.
The mayor plans to create a new Mayoral Development Corporation (MDC) to drive the redevelopment and has now launched a consultation with local businesses, residents, landowners and local authorities on the plans.
The new HS2 and Crossrail Station is due to be built at Old Oak by 2026.
Johnson said: “The arrival of Crossrail and HS2 provides a once-in-a-lifetime chance to transform Old Oak Common and Park Royal into a brand new neighbourhood for West London.
“It is crucial that we get the views of local people so that we can reap the full benefits of this opportunity for local people and London as a whole.”
The proposed MDC will look to emulate the success of the London Legacy Development Corporation that continues to lead the post-Olympic regeneration of Stratford and East London.