London’s largest brownfield regeneration project, Old Oak in West London, has moved a major step closer to delivery after the Old Oak and Park Royal Development Corporation (OPDC) agreed heads of terms for a landmark Public Land Agreement with the government, the Department for Transport and Network Rail.

The deal brings together around 70 acres of public land around Old Oak Common station into a single development site, giving the market a clearer route into one of the UK’s biggest regeneration opportunities.

The scheme is expected to deliver about 8,000 homes, including affordable housing, alongside up to 200,000 sq m of commercial and community space, new parks, improved public realm and about 11,000 jobs. OPDC says the station, which will connect HS2, the Elizabeth line, the Great Western Main Line and Heathrow Express, will act as the anchor for a new canal-side district and a major hub for tech, research and business.

OPDC will now begin a two-stage procurement process to find a Private Sector Partner for the £10bn project. The search is expected to go live in May 2026, with a preferred partner due to be selected by spring 2027. The selected partner will need to demonstrate the financial strength, experience, and long-term commitment required for a complex, large-scale urban regeneration project built around sustainability, innovation, and social value.

The agreement follows £340m of Ministry of Housing, Communities and Local Government funding that OPDC used to assemble privately owned land across Old Oak. For the first time, the combined public land will provide a unified platform for planning, infrastructure and development.

Mayor of London Sadiq Khan said: “This landmark partnership with national government means the capital’s biggest brownfield site, Old Oak, can now deliver for Londoners, driving forward significant housing delivery and economic growth.”

Dame Karen Buck, chair of OPDC, said: “Securing the land is a breakthrough moment for OPDC.”

The project is being presented as a once-in-a-generation chance to create a new urban district in west London, supported by exceptional transport links and designed to deliver homes, jobs and public space for decades to come.

 

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