The O2 Centre masterplan.

We’ve been busy working to finalise the timetable for bringing forward the development. The O2 Centre itself and a large part of the car park will remain open for several years to come.

Overall, our ambition is to create something better than before. The plans will deliver new homes, including affordable homes, shops, two public parks, a health centre, community centre, nursery and affordable workspaces, all centred around a new town square. We’re committed to improving transport links – including £10 million for step-free access at West Hampstead tube station – and re-providing a supermarket, cinema, and gym.

If you have any questions or would like to speak to a member of the team, please to get in touch via our contact us page.

The O2 Centre Masterplan is all about creating something better than before.

By transforming the O2 Centre, car park and surrounding land, we can deliver new homes and shops, two public parks, a health centre, community centre, nursery and affordable workspaces, all centred around a new town square.

We are committed to improving transport links and re-providing precious services such as the supermarket, cinema, and gym. We want to create a new and inclusive place that works for the whole community.

1,800 new homes
marketed to local people first, working to solve Camden’s housing crisis
18,000 sq m
of new shops, restaurants and commercial space
A £3m contribution towards open space improvements
across the borough, including Billy Fury Way, Granny Dripping Steps and new cycle schemes at West End Lane & South Hampstead;
The O2 Centre will stay open
for another 5 to 7 years during construction
New healthcare centre
with space for 11 GPs
1,000 new job opportunities
for local people in varied roles from construction to shops and services
Precious services
like the supermarket, gym, and cinema, will be re-provided in new development
35% affordable housing
representing 10% of Camden’s affordable housing waiting list
£49M
for local infrastructure improvements
New community facilities
including a nursery and community centre
Sustainable place for everyone
modern, energy-efficient buildings, alongside improved air quality, reduced traffic and lower risk of flooding
Two new public parks
over 100 new trees and a 165% biodiversity gain
A £1.5m contribution towards
a new surface level crossing on Finchley Road
£10M contribution towards
step-free access at West Hampstead station and local transport improvements
Skip to content