Property development

As well as being responsible for 30 million journeys every day, we're also one of London's largest landowners. With an estate this size, we can help with the challenges London faces by providing new homes and jobs in the best connected parts of the Capital.

We have many sites ready for development over the next decade and working with the development sector, our  plans will help to build the homes and communities London needs. The revenue raised from this will be reinvested into improvements across the transport network. The plan is to deliver 10,000 homes across 300 acres of land and we'll be announcing further plans in due course.  

Because our development sites are so diverse that we'll be pursuing a number of delivery different routes. In February 2016 we established our property partnerships and we will work with these partners to bring forward around 50 developments across London. Find more about our property partners and how we selected them.

Beyond our framework there'll also be opportunities for separate joint ventures with third parties, and standalone procurements to allow the wider market, including SMEs and Community Land Trusts, to get involved.

Developments, including Earls Court are already making progress and we have secured planning permission for 332 new homes above and around planned Nine Elms Northern line station.

New sites

Kidbrooke CD image

Kidbrooke - Greenwich
Our four-acre site next to Kidbrooke rail station is the first site to be made available as part of the Property Partnerships Framework. The site has the potential to deliver up to 400 homes, 50% of which will be affordable. As well as providing hundreds of genuinely affordable homes, the site can also provide new retail and commercial spaces, improved urban realm and an integrated bus station.

parsons green commercial development

Parson's Green depot - Hammersmith & Fulham
Formerly a District line depot, this 3.4 acre site this residential location (with some businesses) is next to Parsons Green District line station. This will be a mixed-use scheme with home, commercial, retail and leisure space. We'll also work with existing tenants and businesses to support them during our development.

Nine Elms commercial and development

Nine Elms - Lambeth
This is a 1.85 acre site above and around the proposed Nine Elms Northern line station.  We have planning permission for 332 homes, and retail and commercial space. We will start on site when the station is finished in 2020.

Landmark Court commercial development

Landmark Court - Southwark
Formerly a Jubilee line extension and Thameslink work site, this 1.8 acre space has a potential 24,000 sqm of development for residential, commercial and/or retail use. The protection of the Jubilee line tunnels, Roman remains, and Crossbones burial ground on this site means that it has some complex engineering challenges.  

Northwood Town CD image

Northwood station - Hillingdon
We own around 4.7 acres above and around Northwood Piccadilly line station. The proposed redevelopment will improve the station and the area around it by providing a new station with step free access, a new Tube and bus interchange, 100 new homes, as well as more commercial and retail space.

South Kensington station commercial development

South Kensington station - Kensington & Chelsea
South Kensington station is one of the busiest and best known stations in London and is the gateway to many of London's historic museums. The area above and around South Kensington would support a mixed retail and residential scheme, which will reflect the station's location and heritage.

Bank CD image

Bank - City of London
We're developing a new retail and office building above the new Bank station entrance. We expect to start work on the 0.66 acre site once the station is complete in 2021. We have planning permission for a nine storey scheme, including 12,000 sqm of office and 650 sqm of retail space.

London Road Sidings

London Road sidings - Southwark
At the Bakerloo line depot, near to St George's Circus in Southwark, we're proposing a mixed-use scheme - including around 300 homes - which would require a significant deck to be built above the depot. Any scheme would be delivered with no impact on the operation of the Bakerloo line

Southwark commercial development

Southwark Jubilee line station - Southwark
Southwark Jubilee line station is a 0.65 acre site above and around the station which could accommodate significant commercial and residential development including around 200 homes. We have a joint venture agreement in place with developer U&I, which owns neighbouring land

Harrow on the Hill image CD

Harrow on the Hill - Harrow
Harrow on the Hill Metropolitan line station and neighbouring bus station need significant improvement, specifically, step-free access and increased bus capacity. The 2.5 acre site above and around the station could deliver a 600 home scheme, which would improve transport and access in the town centre.

Earls Court CD image

Earls Court

Earls Court is London's most important development opportunity. The masterplan will deliver 7,500 new homes and 10,000 new jobs over 11.7 million sq ft of development space.

The design will create four urban villages connected by a 21st century high street. Improved connectivity, including increased capacity at Earl's Court, West Brompton and West Kensington stations will improve access to Earls Court, the rest of the city and beyond.

In March 2014 we formed Earls Court Partnership Limited, a joint venture with Capital & Counties Properties PLC (Capco). This was a first for us, and highlights our commitment to working with leading developers to get long-term value from our assets.

We are 37 per cent shareholders Earls Court Partnership limited, which is bringing forward a 26.6 acre site within the 77 acre Earls Court masterplan area.

The partnership merges our freehold and Capco's leasehold interests in the Earls Court exhibition centres. This partnership means we can take an active role with Capco over the 10 years of this first phase of the Earls Court masterplan.

Work has already begun on preparing the site for development which will provide 1,800 homes of the 7,500 homes across the masterplan area. Learn more about the Earls Court redevelopment.

Our property partnerships framework

In February 2016 we appointed 13 major property development companies and consortiums to a development framework which will help to deliver the thousands of homes, offices and retail spaces vital to the needs of London's growing population.

The 13 organisations were selected following a competitive procurement process with over 50 companies registering their interest in becoming one of our property partners. The partners will be able to bid for work on some of London's most iconic locations.

This framework allows us to work in joint ventures with some of the best developers in the market and works more efficiently than procuring a joint venture development partner on a site by site basis. The wider GLA family will also be able to use the framework to bring forward developments on their sites.

The Property Partnership programme is part of our plans to generate £3.4bn in non-fares commercial revenue to reinvest in London's transport network and is just the first phase of our property development programme.

The 13 companies and consortiums selected are:

Balfour Beatty PLC

  • Barratt Development PLC / London and Quadrant Housing Association (Consortium)
  • Berkeley Group PLC
  • The British Land Company PLC
  • Canary Wharf Group PLC
  • U+I / Notting Hill Housing Group (Consortium)
  •  Land Securities Group PLC
  • Mace Limited / Peabody Trust / DV4 Limited (Consortium)
  • Mount Anvil Group Limited / Hyde Housing Association Limited
  • Redrow Homes Ltd
  • Stanhope PLC / Mitsui Fudosan Company Limited
  • Taylor Wimpey UK Ltd

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