Cargiant, the world’s largest car supermarket, has today issued a statement on the proposed Old Oak Common regeneration and suggested plans to relocate its 45 acre site.
This follows recent press reports concerning plans to regenerate the area on which Cargiant sits, in line with the proposal for an HS2 interchange.
In his statement Tony Mendes, Managing Director of Cargiant, confirms:
· That recent press reports referring to any prospective relocation of Cargiant are inaccurate
· That Cargiant has not entered into any exclusivity agreement with QPR, who wish to build a new stadium on part of the site
· That Cargiant remains unattached to any party in regards to a relocation site
· That the company is working with their own team of experts to propose its own regeneration proposals
Tony Mendes’ full statement is as follows:
“We have been made aware of recent press reports regarding the regeneration of Old Oak Common, the site on which Cargiant sits. Many of these reports, particularly those referring to the prospective relocation of Cargiant, are inaccurate and as a result we wish to clarify a number of issues.
“The regeneration of Old Oak Common and in particular the land owned by Car Giant Ltd is a complex issue and may take significantly longer to finalise than some parties are anticipating. Schemes that have been announced for this part of Old Oak Common, including a new stadium for QPR, are speculative and presumptuous. Cargiant has not entered into any exclusivity agreement with QPR and remains totally unattached to any party in regards to the regeneration of the area or relocation site.
“The regeneration plans are dependent on the relocation of Cargiant, which will be a significant undertaking. Cargiant is the largest business of its kind in the world. We have been located on our current site for 30 years and with over 750 local employees working across 45 acres, we play a vital part in the local community, both socially and economically.
“The company has worked progressively with the GLA, the London Borough of Hammersmith & Fulham and the neighbouring local authorities in order to identify a workable local relocation site. To date no progress has been made in this regard but Cargiant are committed to continue dialogue with the GLA and local councils in order to meet this objective.
“Cargiant will play a key part in the eventual chosen regeneration scheme and is now engaged with one of London’s most successful regeneration experts to bring forward its own scheme.
Neither Cargiant nor Tony Mendes will be making any further comment.