BDC Magazine - Online version December 2015 Issue - 216 | Page 142

“ Last word.qxp_feature 2 16/10/2015 15:57 Page 140 White City Place “ From BBC Media Complex to Residential Village Not many people will be able to say the outer circle of the site. 450 of the built as a brand new range of facilities will that they were a part of the BBC’s her- flats and apartments are now on sale also be opened. This is part of an £8bn itage, but now 5,000 people will soon with prices starting at a hefty £500,000 investment for White City and it will be a little step closer as a brand new for a one-bedroom flat, to the penthous- include a residential area, television stu- development is underway in West es with a price tag of £7m. dios, offices and restaurants amongst other London. Almost a thousand new An official launch will take place in homes are being built in place of the April 2016 with the first phase of homes The site was sold to developer BBC’s Media Village to create the expected to be completed before the end Stanhope and Japanese company Mitsui newly named, White City Place. The of 2017. Alongside the first phase open- Fudosan UK Ltd for £87m as a sublet of likes of Strictly Come Dancing and ing will be an expansion of the 4 acres of land. It’s not the end of the Blue Peter were recorded at the site as Westfield shopping centre which will BBC at this site as it will still occupy the space was originally home to the now have John Lewis’s biggest ever some of the area for television studios. BBC Television Centre for over 50 department store at the forefront. The studios will be refurbished and re- years before its closure in 2013. The core will be host to the apartments and penthouses with more apartments and town houses being built in Almost a thousand new homes are being built in place of the BBC’s Media Village to create the newly named, White City Place. However, it is not just homes being projects stretched over 145 acres of land. opened by the end of 2016.