Upstream is the new joint venture with Imperial to make H&F a leading destination for the biotech, digital and creative industries. The partnership has led to a thriving tech hub in White City which includes Imperial’s new research and innovation district, Royal College of Art and Yoox Net-A-Porter’s Tech Hub.
H&F already have a prosperous start-up and small business community, but the council’s aim is to grow further, working with developers to provide more affordable, flexible workplaces. Alongside Westfield London, H&F provided more than 12,000 jobs. The aim is to create 2,000 new jobs in tech, media and the creative industries by 2020. All of this is taking place in a thriving local economy which is already home to L’Oréal, Disney and Harrods. And the big firms continue to move in as ITV recently located to White City.
H&F negotiated a record £310million from developers to build the largest amount of genuinely affordable homes in 10 years, giving housing opportunities for all.
In 2017, 600 new, genuinely affordable homes were secured in H&F. The council will work with Old Oak Regeneration Corporation to deliver thousands of homes to rent and buy for residents.
Old Oak is one of five regeneration areas (White City, Hammersmith, Fulham and South Fulham) in the borough where there is anticipated huge levels of growth in the next 20 years, with plans to build 25,800 homes in these areas by the end of 2035.
With three famous football clubs in the borough, H&F is spoilt for choice. Fulham FC will expand Craven Cottage to seat almost 30,000 spectators on their return to the Premier League while Chelsea FC and QPR FC also look to invest in new stadiums.
H&F is home to a vibrant arts, culture and creative industries scene which includes the Apollo, The Lyric and LAMDA, the oldest drama school in the UK. Not to mention our bustling night life economy helping to make H&F such a popular place to visit.