Cargiant and London & Regional Properties have revised the masterplan for their 46-acre site in Old Oak Common, west London, down from 9,000 homes to 7,000.
The partners said the reduction would “enhance the quality of public realm, creating bigger parks and more open space”.
The new masterplan also calls for a new London Overground Station at Hythe Road, between Willesden Junction and Shepherd’s Bush, to be created by constructing a 200m viaduct.
Other elements of the revised plan include a cultural quarter with a cultural institution as a focal point, 14 bridges and viaducts, a new 25-mile high street and public squares.
The Grand Union Canal would have a nature reserve and towpath to the south and a new promenade to the north, which is currently inaccessible, and would be lined with parks, cafés, restaurants and performance spaces.
The masterplan will now be launched for public consultation, following earlier consultations last summer.
Tony Mendes, managing director of Cargiant, said: “It’s so important to me that our masterplan creates the connections into the surrounding areas so local people can benefit from the transformation. Our consultation will enable us to hear the views of our neighbours in the communities around us.”
Sir Edward Lister, deputy mayor for planning and chairman of the Old Oak and Park Royal Development Corporation, said: “This masterplan is another sign of the growing momentum behind the transformation of Old Oak. London urgently needs new homes and jobs to meet its rapidly rising population and the regeneration of this area represents a real opportunity to meet those needs.
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