The Old Oak and Park Royal Development Corporation has agreed heads of terms with government, the Department for Transport and Network Rail to pull 70 acres at Old Oak into a single public sector development site.

The move gives the developer market a clear run at one of the UK’s largest regeneration plays, with plans for 8,000 homes, 200,000 sq m of commercial and community space, new parks and public realm, and 11,000 jobs.

OPDC will now start a two-stage bid contest this month to find a development and investment partner for the £10bn scheme.

The preferred partner is due to be picked by spring 2027.

OPDC said the hub station, which will link HS2, the Elizabeth line, Great Western Main Line and Heathrow Express, would anchor a new canal-side district and major hub for tech, research and business in west London.

The Public Land Agreement will combine OPDC land with Department for Transport-owned sites for the first time, creating a unified platform for planning, infrastructure and development.

The deal follows £340m of Ministry of Housing, Communities and Local Government funding used by OPDC to assemble privately-owned land across Old Oak.

A tender notice will go live on the OPDC website and Find a Tender Service from 28 May, giving interested teams access to the procurement portal and bid documents.

Mayor of London Sadiq Khan said: “This landmark partnership with national government means the capital’s biggest brownfield site, Old Oak, can now deliver for Londoners, driving forward significant housing delivery and economic growth.”

Dame Karen Buck, chair of OPDC, said: “Securing the land is a breakthrough moment for OPDC.

“Our collaboration with national and London government has brought Old Oak together as a single, strategic development site — giving the market certainty and unlocking exceptional placemaking potential.

“Now, we are seeking an exemplar joint-venture partner with the vision and capability to turn this ambition into reality.”