24.06.16
Khan launches review of Old Oak and Park Royal Corporation
The mayor of London has launched a formal review of the organisation charged with regenerating the area around the planned Old Oak Common ‘super-station’ hub.
The review of Old Oak and Park Royal Development Corporation (OPDC) aims to ensure the plans deliver the “highest amount of genuinely affordable homes possible”.
Sadiq Khan says the review will scrutinise the terms of a Memorandum of Understanding agreed in March this year that paves the way for OPDC, established by the previous mayor Boris Johnson year, to take ownership from government of public land surrounding the proposed new station.
The new Old Oak Common station, due to be constructed by 2026, will be the first place HS2 will stop in London, and the only place where HS2 and Crossrail will connect.
It is expected that the review will be complete within two months.
Deputy mayor for housing, James Murray said: “Old Oak and Park Royal is one of the most important regeneration projects in London with scope to deliver tens of thousands of new homes and jobs.
“This review will take a detailed look at past decisions made by Boris Johnson and the future direction of the Development Corporation. We are particularly keen to hear from industry experts who can help us ensure that this scheme delivers maximum value for Londoners.”
In the upcoming edition of RTM, we have an article from the chief executive OPDC, Victoria Hills, who explains what work has already been done by the OPDC since its genesis.
Back in December 2015, Transport for London secured €4m funding from the European Commission, which it will match, to move forward options for new London Overground stations at Old Oak Common.