Plans for a new town, Old Oak, in west London aim to construct 25,000 homes within 30 years, spanning three boroughs. The development will utilize publicly owned vacant land, preserving existing residences. Significant focus is placed on affordable housing, with half of the homes deemed affordable and 1,000 designated for social rent. The project aligns with London's ambition to enhance life sciences and is seen as a critical solution to a growing housing crisis, as evidenced by rising homelessness rates in Ealing.
"The new town project is central to meeting the mayor's ambition to make London the 'global capital of life sciences', supported by WestTech London."
"Of the 25,000 homes, a new Ealing Council framework suggests that at least half should be 'affordable', and 1,000 should be council homes available for social rent."
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