London Square has won planning permission to create a £100m residential square in Fulham

Developer London Square has won planning permission to create a £100m residential square in Fulham.

The two-acre site, in Farm Lane, is a former rundown light industrial trading estate, once used as stables for horse buses and, in later days, cabs.

London Square acquired the site in 2010, and now has planning permission granted by Hammersmith and Fulham council.

Assael Architecture has been appointed to deliver 40 townhouses with private gardens and terraces.

Adam Lawrence, chief executive of London Square, said: “We are creating a new square for London, continuing the legacy of the capital and its historic squares.

“Our inspiration came from Wellington Square, just off the King’s Road in Chelsea. Assael’s design reflects the proportions of Wellington Square, with its four-storey terraced houses.

“Farm Lane will combine the very best features of the classic London square with modern design, contemporary interiors and first-class specification. The mix of townhouses and apartments, green space and pedestrianised square will create a great community for families and young professionals.”

London Square will start on site in late summer 2012, with completion in 2015.