Reasons to invest in Acton: £26 billion regeneration programme in place for West London!
London’s newest neighbourhood, where 1,600 acres will be transformed, is a regeneration hotspot equalled only by the Royal Docks and Beckton Riverside in the east of the capital.
The regeneration of Old Oak Common and Park Royal to the north-west of the capital will be a major new place for Londoners to live and work, with 25,500 new homes and 65,000 new jobs over four decades.
Old Oak and Park Royal Development Corporation — the OPDC — the mayoral body in charge of the area, claims the level of development will contribute “£7.6 billion annually to the UK economy”. New chairman of the OPDC, Liz Peace, says: “Londoners should be thinking creatively about what Old Oak and Park Royal have to offer. The opportunities will be amazing when you think about the advantages and connections the new transport infrastructure will bring to the area.”
Huge new rail hub
The core of Old Oak, the new HS2, Crossrail and Great Western Main Line interchange station is due to open in 2026, by which time it is expected some 12,500 homes will either have been built or will be under way. About 60,000 people will be living across the area by 2047. The current population is only 4,000.
Two new Overground stations are also proposed: Hythe Road will open in the early 2020s and Old Oak Lane will open in 2026.
Huge mixed-use development is expected around the new interchange. A new town centre, in effect, will be developed off the back of £2.5 billion of infrastructure, of which a proportion will be funded by taxes on development in the form of the Community Infrastructure Levy and Section 106 contributions paid by developers.
Our New Development in Old Oak Common: One West Point
Introducing to the market, One West Point, a landmark development that is aiming to transform the landscape of the surrounding area, together with the regeneration of Park Royal and the redevelopment of Carphone Warehouse.
Taking inspiration from classical proportions of architecture, One West Point has an elegant vertical form which is articulated with a textured ‘weave’ created by alternating balconies on each floor; this produces a captivating jewelled effect and provides a unique visual interest to the building. The elegant glass fronted tower will stand majestically in this new modern landscape created in West London. The structure will be the tallest in West London, spanning 42 storeys. One West Point will offer 275 highly specified 1, 2 & 3 bedroom apartments and penthouses, each with private balcony or terrace, all offering a luxury lifestyle second to none. The top 10 floors of the building will include exclusive access to the private sky garden and terrace bar on the roof. The apartments will allow an abundance of light via the floor-to-ceiling windows to complement the modern, industrial feel created by the inclusion of wide panelled oak flooring and exposed brick walls
Reasons to invest in One West Point
- £26 billion investment to create the second largest state of the art transport interchange in the Capital with the Crossrail & HS2 connections
- 1,600 acre regeneration masterplan – the largest of its kind in the UK
- The creation of a brand new district – on a scale equalled only by East London’s Royal Docks
- Up to 40,000 new homes
- 65,000 new jobs – fuelling the UK economy by £7.6 billion per year
- New high street and retail centres
- Two major new 30,000 sqm development sites for Imperial College London
- Old Oak Common will be the only high speed rail interchange in the UK served by Crossrail and HS2
- The new interchange will accommodate around 250,000 passengers daily – compared to London Waterloo
- 60,000 people will be living across the area by 2047. The current population is only 4,000