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2 | Tittle %u00a9 2024 Jones Lang LaSalle IP, Inc. All rights reserved.The only place where HS2 will meet Crossrail, Old Oak & Park Royal is London%u2019s next great regeneration opportunity. Successful large-scale regeneration projects typically combine three key ingredients: transport and infrastructure improvements, lifestyle changes and investment into strategic schemes. Kick-started by the development of HS2 and Crossrail infrastructure, Old Oak & Park Royal is set to see all three of these ingredients brought to life over the coming decades. Currently Old Oak & Park Royal encompasses London%u2019s largest reservoir of strategic industrial land. Its more than 1,700 businesses employ 44,000 people across a wide range of sectors and form a key nexus in the logistics network serving the capital and beyond. However, the area is set to boast many more strings to its bow. The Old Oak & Park Royal Development Corporation (OPDC) Local Plan sets out an ambitious 20-year plan to transform this underdeveloped part of London into a vibrant town centre made up of distinct neighbourhoods accommodating a wide range of residential, industrial, commercial, and recreational amenities. New residential and commercial development centred around Old Oak Common Station and stretching north to Willesden Junction and south to North Acton will lead to the creation of attractive, high-density, accessible neighbourhoods and places where people ultimately want to be. New green spaces, outdoor markets, cafes and restaurant offerings will give people a reason to visit and to stay, encouraging greater spending in the area.___________________________________________________________________________________Vision of the future25,50065,000Potential to deliver number of new homes over next 30 years.New jobs across Old Oak & Park Royal%u00a315 billionEconomic boost to Old Oak & Park Royal from HS2 station%u00a37.6 billionEstimated annual GVA of new jobs68,500 sqft.Class A commercial floorspace requirement (2018-2038)CGI: Old Oak Common transport infrastructure improvements %u2013 new station aerial image