Are you confident in OPDC spending public money when there are several significant risks and unresolved issues on the site including: the loss of the Car Giant site; the uncertainty surrounding Old Oak North station due to the HS2 review and potential skills shortages in the construction industry?
Yes. This is one of London’s most promising regeneration projects with huge public benefits. It is essential that we invest now, to ensure this potential isn’t wasted.
Subject to the government’s go-ahead for HS2, OPDC’s plans will help realise the significant investment made by the taxpayer in HS2 for the benefit of Londoners.
In response to increasing industrial land values, OPDC is re-focussing to unlock public sector land, accelerate new housing sites, support businesses and improve community amenities so that both short term and longer-term regeneration can be brought forward in tandem.
As the statutory Planning Authority, OPDC requires funding to ensure the adoption of its draft Local Plan and to manage its ongoing planning functions. OPDC is responsible for the delivery of ambitious housing targets and has already secured planning consent for more than 5,000 homes.
OPDC has reacted pragmatically to rapidly changing market conditions and I have full confidence in its new approach that will help to deliver many thousands of homes and jobs for London.