|TfL Submits Planning Application for Parsons Green Development|
Aiming to transform former depot to create new homes, workspace and restaurants
Transport for London has submitted a planning application for the redevelopment of its former depot at Parsons Green.
The application follows a public consultation earlier this autumn.
The proposed development is on the site, shown on this map, of a former London Underground depot adjacent to Parsons Green Tube station, which is currently used as workspace. The scheme will deliver 119 new homes, 40% of which will be affordable, as well as over 4,000 sq metres of retail, workspace and restaurants.
The development will also support around 300 jobs and enable the opening of three arches for commercial use.
TfL says this application, along with two others in Nine Elms and Northwood, is the first wave of its programme of property development which will create more than 600 new homes for Londoners along with new workspaces, retail units, high quality public spaces and £100m that will be reinvested in the transport network.
Graeme Craig, Director of Commercial Development at TfL, says: " The three planning applications we have submitted are the first step in our ambitious programme of development, which will create much needed homes, jobs, offices and retail space across London.
"We are working closely with local communities and boroughs to shape these proposals so that they meet local aspirations and deliver real local improvements. The three sites demonstrate the varied nature of our landholdings, and the potential they have to create economic growth across London whilst providing vital revenues to invest in running and modernising the transport network."
You can find out more about the proposals and give your feedback at the Parsons Green Depot website.
November 20, 2015