Earls Court redevelopment plans move a step closer

Capital & Counties has taken full ownership of Earls Court and Olympia Group in a move that could lead to the closure of one of London's leading venues.

Earls Court in London
Earls Court in London

The property developer, a subsidiary of Liberty International, has acquired the remaining 50% share it needed to take full control of the group, which includes Earls Court, Olympia and the Brewery venues.

Capital & Counties bought an initial 50% stake in the venue group in 2007 and appointed architects to draw up a masterplan for the Earls Court site, with retail, leisure and residential uses under consideration.

The company, also known as Cap Co, last year submitted proposals to Hammersmith & Fulham Council for up to 10,000 homes on the 67-acre site, plus a hotel, office space, shopping and leisure facilities.

A Capital & Counties spokesman said: "We are working through options for the redevelopment of the site, with adjacent landowners Transport for London and Hammersmith & Fulham Council. It's important to point our that our thinking is still at an early stage and nothing has been finalised."

 

 

 

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