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.
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Famous quotes containing the word economy:
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“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)