Economy
It is public policy to maintain Park Royal as an industrial area. It is designated as an Opportunity Area, and in 2008 the Mayor of London's office published a draft Planning Framework which aspires to maintain, "growing economic clusters of food/drink, transport/logistics and television/film." The framework does not preclude use of parts of the site for housing.
In summer 2011, the London Borough of Hammersmith and Fulham launched a 'Park Royal City' plan for Old Oak Common, based around the immediate eastern border of Park Royal, including light-rail lines to nearby areas.
Read more about this topic: Park Royal
Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)