Capital & Counties Properties (Capco) said on Tuesday that the London Borough of Hammersmith & Fulham (LBHF) had adopted a new policy document, known as the supplementary planning document, covering the Earls Court & West Kensington Opportunity Area (ECOA).

The policy document supports the planning policy basis for the consideration of the planning application for Sir Terry Farrell's Earls Court Masterplan, which proposes a 7 500 home development across the ECOA.

The site has already been identified as an opportunity area by the Mayor of London in the London plan, meaning it is considered as a site potentially suitable for comprehensive development.

In July last year, an exclusivity agreement was signed by Capco and LBHF allowing a 12-month period for both parties to progress discussions in relation to LBHF-owned land within the ECOA.

Gary Yardley, investment director of Capco, said: "We are pleased that the SPD has been adopted by LBHF.

"This augments the sound planning policy basis for the consideration of the Masterplan planning application."

Source: I-Net Bridge