Capital & Counties Properties Plc (CAPC.L), or Capco, said it welcomed the decision by the Council's planning committee to resolve to grant outline planning permission to turn the Earls Court and West Kensington Opportunity Area, or ECOA, into a vibrant, new urban district.
Sir Terry Farrell's Masterplan is based on the concept of 'Four Urban Villages and a 21st Century High Street' and is inspired by the best of London including garden squares, mansion blocks and open space. The scheme will comprise of 10.1 million sq ft of development including homes, around 1,500 of which will be affordable, offices, hotels, work space, education, cultural and community facilities, as well as a new five acre park for London.
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by RTT Staff Writer
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