A progress report around the decision on whether to include West Kensington and Gibbs Green estates in the planned comprehensive redevelopment of Earls Court is due to go before Hammersmith & Fulham Council’s Cabinet.
The report will include the draft terms of a Conditional Land Sale Agreement (CLSA) with developer Capital & Counties, the owner of Earls Court exhibition centres.
It also includes the preliminary findings of a consultation with residents into the substantive terms of the CLSA, which includes the offer to Tenants, Leaseholders and Freeholders negotiated by a Steering Group of residents living on the estates.
A decision on whether to include the estates in wider plans for the area is likely to be made in the coming months but H&F Council Leader Cllr Stephen Greenhalgh said he wanted to put as much in the public domain now as possible so people can be clear on where the Council is in its thinking.
Results of the consultation are still being analysed, but preliminary findings show that opinion is divided. Out of those who took part in the consultation, more people in the wider area support the plans and more people on the estates object.
In terms of the statutory consultation on the estate itself, 331 secure council tenants out of 584 submitted responses of which 215 objected and 102 supported. Of 73 leaseholders who responded, 30 supported and 37 objected.
There is a much higher degree of opposition from freeholders and tenants living in housing association properties. In the wider area 448 supported and 108 were opposed.
The full draft terms of the Conditional Land Sale Agreement will also be discussed at the Cabinet meeting. Among other things, the CLSA states that all homes on the estate will be replaced within the redevelopment area, that people will only have to move when their new home is ready to be occupied.
Council tenants will remain secure tenants and receive a £4,700 compensation per household, plus new white goods, carpets and curtains. Resident leaseholders will receive the independently assessed market value of their home plus 10%, and be offered a 10% discount on the value of a new home in the redevelopment area.
If the CLSA is agreed the Council would eventually receive approximately £105 million, an estimated £64 million of which, after compensation and costs, would be available to be reinvested back in the borough. The Council would also receive 760 replacement homes for people currently living on the estates.
If redevelopment happens it would be based around the vision of Sir Terry Farrell’s masterplan which would create 9,500 new permanent jobs and 36,000 temporary construction jobs.
The masterplan is built on a vision of creating four separate ‘villages’ linked by a new High Street. Overall this would include 7,583 new homes, of which 1500 would be affordable. It would also include new shops, offices, parkland, leisure facilities, a new school, new transport links and healthcare centre.
A detailed planning application to 808 build homes at Seagrave Road has been approved. If the CLSA is agreed approximately 200 of these homes would be used in a first phasing plan.
H&F Council’s Cabinet is being asked to recommend that officers continue to analyse the consultation results and to conclude final discussions on the CLSA so that Cabinet is able to make a final decision in the future.
H&F Council leader Cllr Stephen Greenhalgh: “We are making good progress in considering future options. We want to be as open and transparent as possible on where we are in our thinking which is why we are taking the step of making all consultation responses available for inspection.”