Planning and approvals
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Old Oak & Park Royal Development Corporation (OPDC)
Identified as an 'area of opportunity' and officially formed in 2015, the Old Oak and Park Royal Development Corporation (OPDC) has the potential to deliver 25,500 new homes and create 65,000 new jobs.
Our roundtable event, with David Lunts, Chief Executive Officer of OPDC, explored the progress made, challenges and opportunities for OPDC, as well as the key considerations for the planning and development industry as it engages on emerging growth areas.
The vision
The OPDC has already completed over 3,700 homes since 2004 and is part of the High Speed 2/Thameslink Growth Corridor.
Its vision to promote and deliver low and zero carbon development is fully supported by the Mayor of London. This will be through the re-use of materials, the sharing of economy, and use of smart technologies. Potential new opportunities are being created to deliver jobs, homes and be a new focal point for London, given the substantial rail infrastructure with the development of Old Oak Common station being completed by 2026.
OPDC will be a place of health, wellbeing, innovation and economic growth. But questions are still being asked as to how it will affect the performance of the nearby Park Royal Industrial Estate, which provides over 43,000 jobs across 1,717 businesses, and contributes £2.1 billion per annum.
With opportunities aplenty, how does the OPDC deal with its challenges?
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