Cargiant has chosen London & Regional as its development partner for the redevelopment of its site near the proposed Old Oak Crossrail/HS2 interchange.
Cargiant has operated from the 47 acre site for over 30 years, and employs 700 staff. It is calling the project “Old Oak Park”, and plans a new town centre providing 9,500 homes and a new high street, two schools and a cultural hub.
The plans are in competition with those put forward by Queens Park Rangers, who are proposing a new stadium on the site. However, Cargiant, as owners of the site, seem to hold a whip hand.
London & Regional will work with planning consultant DP9 on the project, on which Cargiant hope to start construction within two years.
Tony Mendes, Managing Director of Cargiant, said: “I am delighted to have London & Regional and DP9 on board and look forward to working with their team. Cargiant has been part of the local community for over 30 years, and brings with it land, property expertise and local knowledge, and with London & Regional bringing along their development skills and extensive experience, Old Oak Park is destined to become a model community.
“London is in desperate need of more houses and The Mayor and the GLA are working hard to resolve the shortage. By appointing London & Regional at this early stage we will be accelerating the process of delivering our scheme and thousands of affordable houses for Londoners by at least 12 months.”
“Old Oak Park is destined to become one of the largest car-free and safest developments in London, with the needs of the local community at its heart. This development will encompass a large proportion of affordable homes for the local community with waterside living and access to the 170 acre Wormwood Scrubs Park, which is four times the size of Green Park.
“I am very grateful for the excellent initial stage work carried out by First Base and Lipton Rogers which has allowed us to get to this transitional stage quickly.”