• Earls Court Partnership Limited has completed the purchase of Lillie Bridge
Depot and associated land from Transport for London (TfL).


• Following the purchase, Lillie Bridge Depot has been leased back to TfL
and will remain an operational site supporting the London Underground
network while TfL assess if and how functions will be relocated.


• The land is a key part of the emerging Earls Court masterplan site.

Earls Court Partnership Limited, a joint venture between Delancey (on behalf of its
client funds) and Transport for London (TfL) has completed the acquisition of Lillie
Bridge Depot and associated land. As part of the agreement, Lillie Bridge Depot has been leased back on a peppercorn rent and will continue to be operated by TfL.


Lillie Bridge Depot is a key later phase of the development which is being brought
forward by The Earls Court Development Company (ECDC), which started
consultation in 2021. The acquisition of the 15-acre site brings the masterplan
area up to 40-acres. The emerging concepts for the area around Lillie Bridge Depot
currently foresees the site being used to both support local housing needs and
create a new London destination for food and maker spaces on the site, re-using
and building on the remaining parts of one of the original Lillie Bridge Depot
buildings.


Located close to West Kensington Station in the northern part of the Earls Court
development site, the sale and leaseback of Lillie Bridge Depot enables TfL to
continue operations at the depot, which supports the London Underground
Network.


Rob Heasman, CEO of The Earls Court Development Company, said:

“The acquisition of Lillie Bridge Depot is a very important step forward for Earls Court.
Unlocking this final piece of land will enable comprehensive development of the site.
One of our key priorities is to open up the site to the community and celebrate the
area’s legacy of world class ingenuity. The acquisition of the depot land means we are
one step closer to achieving this. We look forward to sharing our draft masterplan and
the next phase of consultation this winter.”

Rob Heasman
CEO
The Earls Court Development Company

Neil Carron, Senior Property Development Manager at Transport for London, added:

“Lillie Bridge Depot is an important operational site supporting the London Underground
network. However, given its strategic role in helping to deliver the development of the Earls
Court and West Kensington Opportunity Area, we have recently completed a sale and
leaseback option for the site with the Earls Court Partnership Limited. This leaseback will
ensure continued TfL operations while we assess if and how the functions carried out there
could viably be relocated as part of the redevelopment. Any decisions regarding the depot and its functions are being undertaken in close consultation with staff and trade unions.”

Neil Carron
Senior Property Development Manager
Transport for London

Ahead of the masterplan launch this winter, ECDC recently re-opened their dedicated
consultation space, Conversation Corner. The space has hosted dozens of events for
neighbours, community groups, and residents, designed to bring ECDC’s vision for the
site to life. The latest consultation materials for Earls Court can be viewed online here.

Notes to Editors


There are currently no timescales for the closure of the depot and TfL will continue to
assess how its functions could viably be relocated in consultation with its staff and trade
unions. The Lillie Bridge Depot site includes Ashfield House, used for offices and staff training.


For media enquiries please contact:


Helena Carrie
hec@londoncommunications.co.uk
07791 181 557


Izzy Finn
ilf@londoncommunications.co.uk
07738 018 023


About The Earls Court Development Company


The Earls Court Development Company is an Earls Court-based business, responsible
for driving the development of the Earls Court masterplan forward on behalf of Earls
Court Partnership Limited. Earls Court Partnership Limited is the joint venture between
Delancey (on behalf of its client funds and the Dutch pension fund manager, APG) and
Transport for London (TfL). The first decision ECDC took after acquiring the site was to
hand back the West Kensington and Gibbs Green housing estates to Hammersmith &
Fulham Council